Section 19 of FEMA : Section 19: Appeal To Appellate Tribunal

FEMA

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Explanation using Example

Imagine a company, XYZ Pvt Ltd, which has been penalized by an Adjudicating Authority for not complying with certain provisions of the Foreign Exchange Management Act (FEMA), 1999. The company believes that the penalty is unjust and wants to challenge the order. According to Section 19 of FEMA, XYZ Pvt Ltd has the right to file an appeal against this order to the Appellate Tribunal.

They must file their appeal within 45 days of receiving the copy of the order, along with the prescribed fee and in the ma...

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