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2010 (6) TMI 878 - HC - FEMAExtract: .......violation of sections 8(1) and 8(2) of the FERA Act, the punishment cannot be imposed under a different reasoning, cannot be accepted and I find that no case has been made out by the appellant to interfere with the penalty imposed in the impugned order passed by the respondent. For the foregoing reasons, the appeal fails and is dismissed. No costs.
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