APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI FPA-FE-03/BNG/2014 Shri M. Lakshmi Chand Jain … Appellant Versus The Joint Director, Directorate of Enforcement, Bangalore … Respondent Advocates/Authorized Representatives who appeared For the Appellant : Mr. Hari Radhakrishnan, Advocate Mr. Mohd. Uvaisullah Muhcin, Adv.

For the Respondent : Mr. Mohd. Wasay Khan, Advocate CORAM SHRI BALESH KUMAR : MEMBER SHRI RAJESH MALHOTRA : MEMBER

FINAL ORDER

13.11.2025 This Order disposes of the Appeal No. FPA-FE-03/BNG/2014 filed by Shri M. Lakshmi Chand Jain, against the Order No.JD/04/BZ/2012-13/(FEMA)/(JD-SA)/2197 dated 06.12.2013 (Impugned Order) passed by the Joint Director, Directorate of Enforcement, Government of India, Bangalore. Penalty of Rs.30,00,000/- was imposed on the Appellant Shri M. Lakshmi Chand Jain for the contravention of Section 8 of the Foreign Exchange Management Act, 1999 (FEMA) read with Regulation 3 of FEMA (Realisation, Repatriation and Surrender of Foreign Exchange) Regulation, 2000 vide the Impugned Order. This Tribunal vide Order dated 01.04.2024 disposed of the Application for waiver of the pre- deposit of the penalty amount with direction to pay Rs.10,00,000/- in th