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1981 (9) TMI 300 - HC - FEMAExtract: .......receive the amount. Therefore, on the materials on record, we cannot say that the contravention of S. 5(1)(aa) of the Act has been established as against the appellant. Accordingly, the appeal is allowed and the orders of the Deputy Director, Enforcement Directorate as also the Appellate Board are set aside. No order as to costs. 7. Appeal allowed.
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