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2011 (2) TMI 1302 - AT - FEMAViolation of the provisions of Section 9(l)(f)(i) of Foreign Exchange Regulation Act, 1973 - Imposition of penalty - Delivery of foreign currency to NRI - Held that:- appellants have not disclosed their relationship with the person who donated each of them 25,000/- US Dollars. It is not probable that the total stranger will donate such a huge amount to the appellants. Even at the time of hearing of this review application a similar question was asked to Shri Madhu M. Patel whether he could disclose his relations with the donor, but Shri Madhu M. Patel could not reply the said question. On the other hand, Shri Niranjan J. Shah in his statement had admitted that he were not knowing the appellants. Thus there is a gift of 25,000/- US Dollars each to the four appellants by total strange person and, therefore, it can be safely presumed that present appellants must have paid a sum equivalent to 25,000/- US Dollars to their donee and, therefore, the violation of 9(l)(f(i) is clearly proved - Decided against Appellant.
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