Section 11(2) of FT Act: No Penalty if no allegation of contravention of export or import provisions: SC

Embio Limited Vs Director General of Foreign Trade & Ors. (Supreme Court of India)

In the case of Emmio Limited vs. Director General of Foreign Trade & Ors., the Supreme Court of India addressed the imposition of a penalty under Section 11(2) of the Foreign Trade (Development and Regulation) Act, 1992 (FT Act) on the appellant, formerly known as Emmellen Biotech Pharmaceuticals Limited.

The appellant had challenged a penalty of Rs. 23,38,882 imposed under Section 11(2) of the FT Act through a Writ Petition under Arti

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