Calcutta High Court Keeps FERA Penalty Appeals On Criminal Side
The Calcutta High Court on 15 October 2026 rejected the Enforcement Directorate’s preliminary objection to four criminal appeals challenging penalties imposed under the former foreign-exchange law. Judge / Bench — Justice Ananya Bandyopadhyay. The Court held that invoking Section 35 of FEMA did not change the character of penal liabilities originating under FERA and preserved … Read more