JUDGMENT

Dipak Misra, J.

Leave granted.

2. The present appeals, by special leave, are directed against the order dated 14.10.2013 passed by the High Court of Judicature at Bombay in Criminal Application No.497 of 2011 assailing the order passed by the learned Additional Sessions Judge, Fort, Greater Bombay in Criminal Revision No.716 of 2008 whereunder the revisional court had dislodged the order of discharge passed by the Chief Metropolitan Magistrate, Mumbai in Complaint Case No.1149/S/2002 wherein the company as well as its officer were facing trial for the offence punishable under Section 56(1)(i) of the Foreign Exchange Regulation Act, 1973 (for short, 'the Act') for the alleged contravention of the provisions of Sections 18(2) and 18(3) of the Act.

3. As the factual matrix would depict, when the matter was pending for trial before the learned Chief Metropolitan Magistrate, the adjudicating authority vide order dated 30.03.2005 imposed penalty of Rs.2,00,00,000/-(Rupees two crore only) against the appellant-company and penalty amounting to between Rs.50,000/-(Rupees fifty thousand only) to Rs.2,00,000/-(Rupees two lac only) on each of the Directors. Being grieved by the order