Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Compounding Application Made under FEMA in Completion of Adjudication Process is not Maintainable: Calcutta HC
The Calcutta High Court has ruled that a "compounding application made under FEMA in completion of the adjudication process is not maintainable." The court’s decision provides much-needed clarity on a contentious issue. The ruling reinforces the principle that an offense under FEMA can be compounded only before the adjudication process is complete.