Repatriation of sale proceeds of export expiry with statutory period of six months

Krishna Murarai Poddar Vs State of West Bengal & Anr. (Calcutta High Court) Calcutta High Court held that conjoint reading of section 18(1)(c) and section 18(1)(a) of the Foreign Exchange Regulation Act, 1973 definitely propagate that the duty to get the sale proceeds of export to be repatriated expiry with the statutory period of six months. Facts- In this revision the criminal proceeding u/s. 56 of the Foreign Exchange Regulation Act, 1973, has been assailed. The case is pending in the court of the Metropolitan Magistrate, 11th Court at Calcutta. Petitioner appears there to be an accuse...