1. This order of Appellate Tribunal for Foreign Exchange is delivered by Shri O.P. Nahar, Chairperson.

2. These nine appeals are filed against a common Adjudication Order No. SDE(SSB)/II/22 to 24/2003 dated 26^th September, 2003, passed by Special Director, Enforcement Directorate, imposing different penalties against three Show Cause Notices as described below :-

(a)a penalty of Rs. 25 lakhs on the allegations contained in Show Cause Notice No. T-4/2-C/2000 dated 7.1.2000against appellant- company and Rs. 5 lakhs each against other four appellants in Appeal Nos. 522, 523, 524/2003 & 1204/2004 for contravention of Section 18(2) r/w Section 18(3) Foreign Exchange Regulation Act, 1973.

(b)a penalty of Rs. 2 lakhs on the allegations contained in Show Cause Notice No. 28-36/98/SCN/DD dated 17.4.1998 against appellant-company and Rs. 20,000 each against other appellants in Appeal Nos. 522, 523, 524, 525, 526, 527 & 528/2003 for contravention of Section 9(1)(c) Foreign Exchange Regulation Act, 1973.

(c)a penalty of Rs. 40,000 on the allegations contained in Show Cause Notice No. 37-45/98/SCN/DD dated 17.4.1998 against appellant-company and Rs. 4000 each against appellants in Appeal Nos.