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1987 (7) TMI 573 - HC - FEMAExtract: .......ossession in order to attract Section 4(1) of the Act. 5. In this case there is no evidence that the respondent acquired any interest in the properties seized. 6. Under the circumstances, we do not think that there is any error in the decision of the Appellate Board. Accordingly, the appeal is dismissed. However, there will be no order as to costs.
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