Search For "foreign exchange"
Former police inspector gets two-year for violating FERA Act
Updated : 6 years, 11 months ago IST
Chennai (Tamil Nadu) [India] April 3 (ANI): A court here on Wednesday pronounced two years' rigorous imprisonment to a former police inspector Abdul Samad for carrying foreign currencies to the tune of Rs 2,94,50,120 without prior permission from the Reserve Bank of India (RBI) in 1993. Read More
Mumbai: Flat of Dawood Ibrahim's sister auctioned for Rs 1.80 cr
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 1 (ANI): Dawood Ibrahim's sister Haseena Parkar's flat located in Nagpada has been sold for Rs 1.80 crore in an auction by Smuggling And Foreign Exchange Manipulators Act (SAFEMA).
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Terror funding case: LeT operative, two associates found guilty, fined Rs
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 29 (ANI): The Adjudicating Authority under Foreign Exchange Management Act, 1999 (FEMA) has held a Lashkar-e-Taiba (LeT) operative and his two other associates guilty in a hawala case related to terror financing and imposed a penalty of Rs 15 lakh, the Enforcement D
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Special PMLA court remands businessman Vijay Kothari to ED custody
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Businessman Vijay Kothari, accused of illegally remitting foreign exchange worth Rs 500 crore outside India, has been remanded to the custody of Enforcement Directorate (ED) till March 29.
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Delhi court ordered attachment of Mallya's properties
Updated : 6 years, 11 months ago IST
New Delhi [India], Mar 23 (ANI): Patiala House Court on March 19 ordered attachment of Vijay Mallya's properties in Bengaluru under section 83 in The Code of Criminal Procedure in connection with a FERA (Foreign Exchange Regulation Act) violation case.
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ED imposes Rs 14.40 lakh penalty on separatist leader Syed Ali Shah Geelan
Updated : 6 years, 11 months ago IST
Srinagar (Jammu and Kashmir) [India], March 22 (ANI): The Enforcement Directorate (ED) on Friday imposed a penalty of Rs 14.40 lakh on Separatist leader Syed Ali Shah Geelani under the Foreign Exchange Management Act for illegally possessing foreign exchange of 10,000 US Dollars.
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FERA case: SC to hear ED plea against T T V Dhinakaran
Updated : 7 years ago IST
New Delhi [India], Feb 18 (ANI): The Supreme Court on Monday decided to hear an appeal filed by the Enforcement Directorate (ED) against the Madras High Court ruling allowing a petition by Amma Makkal Munetra Kazhagam (AMMK) leader T T V Dhinakaran seeking copies of official documents rel
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BJD wants probe to ascertain if its former MP Jay Panda violated foreign e
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): The Biju Janata Dal (BJD) on Tuesday alleged that its erstwhile member and former MP Baijayant Jay Panda and his wife have bank accounts in a foreign country, possibly “in violation of laws relating to foreign exchange regulation and money laundering”, for wh
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ED issues notice to Pak singer Rahat Fateh Ali Khan under FEMA
Updated : 7 years, 1 month ago IST
New Delhi [India], Jan 30 (ANI): The Enforcement Directorate (ED) on Wednesday issued a showcause notice to Pakistani Sufi singer Rahat Fateh Ali Khan under Foreign Exchange Management Act (FEMA).
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Delhi: ED seizes assets worth Rs 10.28 Crores from Emaar MGF MD Shravan Gu
Updated : 7 years, 3 months ago IST
New Delhi, (India), Dec 15 (ANI): The Enforcement Directorate (ED) on Saturday seized assets worth Rs 10.28 crores from Emaar MGF Managing Director Shravan Gupta under Section 37A (1) of Foreign Exchange Management.
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Warrant issued to produce Sasikala in FERA violation case
Updated : 7 years, 3 months ago IST
Chennai (Tamil Nadu) [India], Dec 8 (ANI): A special ED court has issued a warrant to produce All India Anna Dravida Munnetra Kazhagam (AIADMK) leader VK Sasikala before it in a Foreign Exchange Regulation Act (FERA) violation case.
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Mallya's plea for stay on proceedings under FEO Act dismissed
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Bombay High Court on Thursday dismissed Vijay Mallya's appeal for a stay on proceedings under the Fugitive Economic Offenders Act (FEOA) on the pretext that the Appellate Tribunal for Foreign Exchange had ordered status quo in respect of attach
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