FINAL ORDER

24.12.2025

This Order disposes of the Appeals Nos. FPA-FE-70/CHN/2017 filed by Shri S. Gowrishankar, FPA-FE-71/CHN/2017 filed by Shri Dhiraj Gupta, FPA-FE-72/CHN/2017 filed by M/s Shami Impex, FPA- FE-73/CHN/2017 filed by Shri Kamalesh Gupta and FPA-FE- 74/CHN/2017 filed by Smt. Mamta Gupta, against the Order No. JD/CEZO/Z-1/06/2017 dated 30.06.2017 (Impugned Order) passed by the Joint Director, Directorate of Enforcement, Government of India, Chennai Zonal Office. The Ld. Adjudicating Authority (AA) imposed the penalties of Rs. 1,00,000/- on Shri S. Gowrishankar, of Rs.15,00,000/- on Shri Dhiraj Gupta, of Rs. 3,00,000/- on M/s Shami Impex, of Rs. 15,00,000/- on Shri Kamalesh Gupta and of Rs.1,00,000/- on Smt. Mamta Gupta for the contravention of Section 3 (b) of the Foreign Exchange Management Act, 1999 (FEMA), vide the Impugned Order.

2. Ld. Counsel for the Appellants stated that the Impugned Order is bad in law and has violated the principles of natural justice. The Order is arbitrary and passed hastily without proper investigation. Ld. Counsel contended that no investigation whatsoever was conducted to find out any evidence. The entire case has been made out on the bas