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1984 (1) TMI 332 - HC - FEMAExtract: .......Once it was so held, then the appellant could not be held guilty because there was no mens rea as provided under Section 59 of the Act. 4. In this view of the matter, this appeal succeeds and is allowed. The order of the Board is set aside. The appellant is not found guilty of any charge framed against him and he is, thus liable to no penalty.
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