Appointment of adjudicating authorities to hold an inquiry for the purpose of adjudication under section 13 of the said Act - F. No K-11022/ 54 /2018-Ad.ED - S.O. 4990(E) - Foreign Exchange Management

Superseded vide Notification No. S.O. 2128(E) dated 08-05-2023 MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION New Delhi, the 27th September, 2018 S.O. 4990(E).- In exercise of the powers conferred by section 16 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue, published in the Gazette of India, Extraordinary, Part-II, section 3, sub-Section (ii) vide number S.O.2564 (E), dated the 30th September, 2014 , except as respects things done or omitted to be done before such supersession, the Central Government hereby appoints the following officers of the Directorate of Enforcement specified in Column (2) of the Table below as adjudicating authorities to hold an inquiry for the purpose of adjudication under section 13 of the said Act , involving an amount or value as specified in column (3) of the said Table. TABLE SI. No. Designation of Officers Monetary limit (1) (2) (3) (1) Director of Enforcement Cases involving amount exceeding rupees twenty five crores. (2) Principal Special Director of Enforcement Cases involving amount exceeding rupees twenty five crores. (3) Special Director of Enforcement Cases involving amount exceeding rupees twenty five crores. (4) Additional Director of Enforcement Cases involving amount upto rupees twenty five crores but not less than ten crores. (5) Joint Director of Enforcement Cases involving amount upto rupees ten crores but not less than five cores. (6) Deputy Director of Enforcement Cases involving amount upto rupees five crores and not less than two crores (7) Assistant Director of Enforcement Cases involved of amount not exceeding rupees two crores. [F. No K-11022/ 54 /2018-Ad.ED] SANTOSH KUMAR, Under Secy.