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1992 (2) TMI 190 - HC - FEMAExtract: .......ge by the impugned judgment. 9. In the circumstances mentioned above, the appeal is partly allowed save and except that the confiscation of Rs. 17,00,057/- and the penalty of Rs. 60,000/- imposed by the order of adjudication are hereby set aside. The rest of the order of adjudication stands. In the circumstances, there will be no order as to costs.
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