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2019 (8) TMI 214

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..... iated by the Adjudicating Authority under Section 7(3) of the FEMA and the impugned order passed by the Adjudicating Authority on 31.8.2017 exercising the powers under Section 13(1) of the FEMA. Therefore, the petitioners have got an alternative and efficacious remedy of appeal before the Appellate Authority under Section 17 of the FEMA - Section 17(4) clearly depicts that on receipt of an appeal .....

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..... Nos.45727-45728/2017(GM-FE) - - - Dated:- 14-6-2019 - MR. B. VEERAPPA J. Petitioners (by Sri Chidananda URS B. G., Advocate) and: Respondents (By Sri s. Rajashekar, CGC for R1 R2; R3 is Served, but Unrepresented) O R D E R The petitioners have filed the present writ petitions to quash the order dated 31.8.2017 passed by the 1st respondent - Adj .....

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..... unge the adverse remarks passed by the Adjudicating Authority. Therefore he seeks for entertaining the present writ petitions and to expunge the adverse remarks made against the petitioners. 4. Having heard the learned counsel for the parties, it is not in dispute that the proceedings are initiated by the Adjudicating Authority under Section 7(3) of the FEMA and the impugned order passed .....

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..... or set aside the order appealed against. Hence the Appellate Authority can also expunge the adverse remarks, if any. Therefore the petitioner has to avail the alternative remedy of appeal. 5. In view of the above, the writ petitions are disposed of as not maintainable with liberty to the petitioners to avail the alternative remedy of appeal under the provisions of Section 17 of the FEMA .....

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