Allegation of Bogus Import of Service through Cash Bean App: Delhi HC Dismisses Writ Petition on Evidence to Prove Contravention  in Foreign Exchange Management Act [Read Order]

cash bean app - Foreign Exchange Management Act - Writ Petition - taxscan

In a significant case on the allegation of Bogus import of service through the Cash Bean app, the Delhi High Court dismissed a writ appeal on evidence to prove contravention in the Foreign Exchange Management Act,1999. PC Financial Services Private Ltd, the petitioner is engaged in the business of providing unsecured short-term loans to its…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1599 + GST for 1 year

Subscribe Now

taxscan-loader