TMI Blog1995 (7) TMI 183X X X X Extracts X X X X X X X X Extracts X X X X ..... ent herein directing the petitioner to pay a penalty of Rs. 35, 000/- imposed by the third respondent. 2. It is the case of the petitioner that third respondent initiated proceedings against the petitioner under the Foreign Exchange Regulation Act 1973 and imposed a penalty of Rs. 35, 000/- in his proceedings dated 11-11-1991. The petitioner has filed an appeal in Appeal No 562/91 on the file of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al. Now keeping the appeal as well as the petition, for dispensing with the penalty amount, pending for the past four years, the first respondent is now taking steps to recover the penalty amount by invoking Revenue Recovery Act. 3. The Petitioner s grievance is that when once the appeal has been filed against the order of adjudication and an application has also been filed to dispense with the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r I do not propose to admit the Writ Petition and keep it pending. Instead, I think it is proper to direct the fifth respondent to dispose of the appeal filed by the petitioner, Appeal 562/91 within twelve weeks from the date of receipt of a copy of this Order in this Writ petition. Till such disposal of the appeal by the fifth respondent, the respondents 1 and 2 are hereby directed not to take an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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