Karnataka High Court upholds Constitutional validity of Section 37A FEMA in Xiaomi plea challenging seizure of accounts

While holding that non-citizens can challenge laws alleged to be in violation of Article 14, the Court rejected the contention that the provision contained no checks and balances.
Karnataka High Court, Xiaomi
Karnataka High Court, Xiaomi

In an order uploaded on its website this week, the Karnataka High Court upheld the constitutional validity of Section 37A of the Foreign Exchange Management Act (FEMA) [Xiaomi Technology India Pvt Ltd v. Union of India].

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