Y S CHOWDARY vs ENFORCEMENT DIRECTORATE

Judgment text excerpt

$~8 to 10 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision : 20.02.2025 + CRL.A. 1064/2016, CRL.M.A. 17473/2016 & CRL.M.A. 18522/2016 Y S CHOWDARY .....Appellant Through: Mr. C. Mohan Rao, Sr. Adv. with Mr. Ramesh Allanki, Mr.R. Chandrachud, Ms. Aruna Gupta, Mr. Dhuli Venkata, Mr. Krishna, Mr.Loheshkr Sharma & Mr. Syed Ahmad Naqvi, Advs. versus ENFORCEMENT DIRECTORATE .....Respondent Through: Mr. Rakesh Kumar (CGSC-UOI) with Mr. Anupam Sharma, Special Counsel –ED with Mr. Prakash Airan, Ms. Harpreet Kalsi, Mr. Sunil & Mr. Vashisht Rao, Advs. 9 + CRL.A. 1129/2016 & CRL.M.A. 18532/2016 SUJANA STEELS LTD .....Appellant Through: Mr. C. Mohan Rao, Sr. Adv. with Mr. Ramesh Allanki, Mr.R. Chandrachud, Ms. Aruna Gupta, Mr. Dhuli Venkata, Mr. Krishna, Mr.Loheshkr Sharma & Mr. Syed Ahmad Naqvi, Advs. versus ENFORCEMENT DIRECTORATE .....Respondent Through: Mr. Rakesh Kumar (CGSC-UOI) with Mr. Anupam Sharma, Special Counsel –ED with Mr. Prakash Airan, Ms. Harpreet Kalsi, Mr. Sunil & Mr. Vashisht Rao, Advs. 10 + CRL.A. 1131/2016 & CRL.M.A. 18562/2016 Digitally Signed By:MAYANK Signing Date:28.02.2025 CRL.A. 1064/2016, CRL.A. 1129/2016 & CRL.A. 1131/2016 Page 1 of 9 17:15:01 S T PRASAD .....Appellant Through: Mr. C. Mohan Rao, Sr. Adv. with Mr. Ramesh Allanki, Mr.R. Chandrachud, Ms. Aruna Gupta, Mr. Dhuli Venkata, Mr. Krishna, Mr.Loheshkr Sharma & Mr. Syed Ahmad Naqvi, Advs. versus ENFORCEMENT DIRECTORATE .....Respondent Through: Mr. Rakesh Kumar (CGSC-UOI) with Mr. Anupam Sharma, Special Counsel –ED with Mr. Prakash Airan, Ms. Harpreet Kalsi, Mr. Sunil & Mr. Vashisht Rao, Advs. CORAM: HON'BLE MR. JUSTICE JASMEET SINGH JUDGMENT : JASMEET SINGH, J (ORAL) 1. These are appeals filed under Section 35 of Foreign Exchange Regulation Act, 1973 (“FERA”) seeking to challenge the ord