Supreme Court · 2021 INSC 828 · Decided 6 December 2021
Akshay N Patel v. Reserve Bank of India & ANR.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 828 · [2021] 13 S.C.R. 231
- Case number
- CIVIL APPEAL No. 6522/2021
- Decided
- 6 December 2021
- Bench
- D.Y. CHANDRACHUD, VIKRAM NATH, B.V. NAGARATHNA (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 14, 19(1)(g), 21
Headnote
Constitution of India - Art. 14, 19(1)(g) and 21 - Foreign Exchange Management Act, 1999 - ss. 10(4), 11(1) - Merchanting Trade Transactions Guildelines, 2020 - Clause 2(iii) - Proportionality of clause 2(iii) - The appellant is the managing director of a in pharmaceuticals and personnel protection equipment products such as masks, gloves, sanitizers, PPE overalls, and ventilators etc. - Appellant obtained International Merchanting Trade Transaction (MTT) contract to serve as an intermediary between the sale of PPE products by a supplier in
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