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2011 (1) TMI 1237 - THE APPELLATE TRIBUNAL FOR FOREIGN EXCHANGE, NEW DELHIExtract: ....... any relationship between Rakesh Arora and the present appellants it can be safely presumed that the appellants have made payment to Rakesh Arora and thus violated provision of Section 9(1) (a) of FERA for receiving gift of Rs. 2,50,000/- to each of them. Hence no interference in the Impugned Order is called for and all the appeals stand dismissed.
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