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2006 (9) TMI 585 - APPELLATE TRIBUNAL FOR FOREIGN EXCHANGE, NEW DELHIExtract: ....... person on whom legal obligations are imposed by section 8(3) read with section 8(4) of the FER Act, 1973. Therefore, the adjudication order is not correct and is required to be quashed and set aside. This appeal contains merit. 8. For the reasons stated hereinabove, the adjudication order is quashed and set aside. This appeal is allowed on merits.
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