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1999 (6) TMI 459 - AT - FEMAExtract: .......y material placed before him, the competent authority was justified in directing the forfeiture of Rs. 9,50,000 in the hands of Ashish P. Patel. No other contentions were raised before us. For all the aforesaid reasons, we do not find any reason to interfere with the order of the competent authority. We confirm the same and dismiss all the appeals.
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