Routing of transactions through Paper Company outside India is Violation of FERA Provisions

SUPREME COURT OF INDIA Telestar Travels (P.) Ltd. Versus Special Director of Enforcement T.S. THAKUR AND M.Y. EQBAL, JJ. Civil Appeal Nos. 1306-1309 of 2013 FEBRUARY  13, 2013 JUDGMENT T.S. Thakur, J. Leave granted. 2. These appeals arise out of a common judgment and order dated 14th March, 2008 passed by a Division Bench of the High Court of Judicature at Bombay whereby the High Court has partly allowed FERA Appeal Nos.8 to 11 of 2008 that assailed the common order dated 28th November, 2007 passed by the Appellate Tribunal for Foreign Exchange, New Delhi and reduced the pe...