Supreme Court of India

Standard Chartered Bank and Ors. v. Directorate of Enforcement and Ors.

Neutral citation
Reported as [2006] 2 S.C.R. 709
Bench Y.K. Sabharwal, C.K. Thakker and P.K. Balasubramany An JJ.
Decided 24 February 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

From the headnote

Foreign Exchange Regulation Act, 1973: Sections 50, 51, 56 and 68-Constitutional validity of-FERA included in the Ninth Schedule to the Constitution of India-Immunity from challenge enjoyed by the provisions of FERA-Show-cause notices issued to a Bank and its Officers-High Court rejected challenge to the constitutional validity o/Ss. 50, 51, 56 and 68-But High Court clarified that S. 68(1) was confined to prosecution for penal offences only and not to an adjudication proceeding under FERA-Correctness of-Held: As FERA is included in the Ninth schedule to the Constitution, no challenge based on

Where later benches applied it

Of those, 1 referred to · 1 mentioned

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