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2010 (1) TMI 516 - HC - FEMA- delay in adjudication – show cause notices issued but no reply was filed – for the period of 27 years – no action taken by department - No fault can be attributed to the petitioners for this delay - The absence of relevant record due to lapse of more than 30-35 years is also a factual aspect which needs to be taken into account - respondents cannot be allowed to re-open the proceedings.
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