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1982 (2) TMI 325 - HC - FEMAExtract: .......er Section 9(1)(b) the further contention advanced by the learned Counsel for the appellant that in respect of the violations complained of under the new Act the Explanation also should be satisfied does not arise. All the three contentions therefore fail and the civil miscellaneous appeal is dismissed. There will, however, be no order as to costs.
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