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1997 (4) TMI 402 - HIGH COURT OF MADRASExtract: ....... the charges of alleged violation of sections 9(1)(a) and 9(1)( b) of the Foreign Exchange Regulation Act have not been substantiated against the appellants. The orders of the authorities below, therefore, suffer from serious infirmity in law and are liable to be and are hereby set aside. The appeals are allowed. There will be no order as to costs.
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