Are plaintiffs entitled for a declaration for the cancellation of the sale deed u/s 31 of the Foreign Exchange Regulation Act, 1973?


Last updated: 10 March 2021

Court :
Supreme Court of India

Brief :
The central issue in this appeal is in reference to Section 31of the Foreign Exchange Regulation Act, 19731. To wit,transaction (specified in Section 31 of the 1973 Act) entered into incontravention of that provision is void or is only voidable and it can be voided at whose instance?

Citation :
CIVIL APPEAL NO. 9546 OF 2010

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