CS Executive · Setting Up of Business, Industrial and Labour Laws · Setting up of Business outside India and Issues Relating thereto
Mr. Kapoor is aggrieved by an order of the Competent Authority confirming seizure under section 37A. What remedy does the section provide?
A person aggrieved by an order of the Competent Authority may prefer an appeal to the Appellate Tribunal under section 37A(5). Section 15 does not apply to section 37A, so that route is not available.
- AAppeal to the Appellate TribunalCorrect
- BAppeal to the Reserve Bank of India
- CRevision before the Authorised Officer
- DAppeal to the Central Government under section 15
Explanation
Section 37A(5) allows any person aggrieved by an order of the Competent Authority to appeal to the Appellate Tribunal. Section 37A(6) states that section 15 does not apply to this section, so an appeal route through section 15 is wrong.
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