SPECIAL DIRECTOR,ENFORCEMENT DIRECT.&ANR vs MOHD. GHULAM GHOUSE

The Supreme Court held that the Bombay High Court erred in granting interim relief against a show cause notice issued under the Foreign Exchange Regulation Act, 1973 (FERA) and the Foreign Exchange Management Act, 1999 (FEMA). The Court emphasized that writ petitions challenging show cause notices should not be entertained unless the notice is completely devoid of jurisdiction. The Court set aside the High Court's interim order, reinforcing the principle that parties should respond to show cause notices before seeking judicial intervention.