V. Anandarajan,

Rajesh Malhotra,

Member, Appellate Tribunal

Member, Appellate Tribunal

APPELLATE TRIBUNAL UNDER SAFEMA/FEMA/FERA, AT NEW DELHI

FPA-FE-40/DLI/2019

Date of Institution:

11.07.2019

Date of Decision:

21.02.2023

Avtar Singh Sekhon,

106, Adarsh Colony,

Barewal Road,

Ludhiana- 141012

………….. Appellant

Versus

The Director,

Directorate of Enforcement,

6^th Floor, Lok Nayak Bhawan,

Khan Market, New Delhi

………. Respondent

Argued By:

Mr. Jasleen Singh Khera, Advocate, for the Appellant,

Mr. Pankaj Pandey & Ms. Aparna Kushwah, Advocates, for the Respondent.

FINAL ORDER

Present appeal is filed against the impugned order dated 22.04.2019,

passed by Ms. Sunita Singh, Learned Special Director (Appeals), FEMA, New

Delhi, whereby the order dated 31.05.2017 passed by Shri Santokh Singh,

Learned Assistant Director, Directorate of Enforcement, Chandigarh was

upheld and confirmed, imposing penalty of Rs. 5,00,000/- on Shri Avtar

Singh Sekhon for contravention of 8 (a) of Schedule 3, issued under 5 (1) (ii)

of Foreign Exchange Management (Deposit) Regulations, 2000.

2. The brief facts of the case are that information was received in the

office of