THE HON’BLE Smt. JUSTICE T.MEENA KUMARI AND THE HON’BLE Ms. JUSTICE G.ROHINI WRIT PETITION No. 1924 OF 2008 O R D E R: (Per THE HON’BLE Smt. JUSTICE T.MEENA KUMARI) This writ petition is filed seeking to declare the order dated 14.12.2007 passed by the 1st respondent as illegal and arbitrary and consequently to direct the respondents to reconsider/hear the application filed by the petitioner in Appeal No. 150 of 2006 on the file of the Appellate Tribunal for Foreign Exchange, Janpath Bhawan, 4th Floor, Janpath, New Delhi. Heard the learned counsel for the petitioner and Sri T. Suryakiran Reddy, learned standing counsel for the Central Government appearing for the respondents, and perused the material available on record. The main grievance of the petitioner in this writ petition is that against the Adjudication Order No. DD/9/BZ/HYD/06 (FEMA)/KNS dated 23.2.2006 holding the petitioner guilty for receiving payment of Rs.35,15,000/- and imposing penalty of Rs.2.00 lakhs on the petitioner, he filed appeal before the 2nd respondent herein. The 2nd respondent vide order dated 29.5.2006 in Appeal No. SD(A)/BGLR/2006-07/1 by Special Director (Appeals), FEMA reduced the penalty amount from Rs.2.00 lakhs to Rs.1.50 lakhs. Challenging the same the petitioner filed Appeal No. 150 of 2006 before the 1st respondent herein, but, without considering the grounds raised by the petitioner, the 1st respondent dismissed the appeal on the ground that the petitioner has failed to comply with the conditional judicial order dated 21.12.2006 as modified vide order dated 25.5.2007. It is now submitted by the learned counsel for the petitioner that the petitioner could not comply with the conditional judicial order dated 21.12.2006 as modified vide order dated 25.5.2007 due to financial stringency and that the petitioner is ready to comply with the same if time is granted. Having regard to the submission made by the learned counsel for the petitioner and having considered the facts and circumstances of the case, we are of the opinion that time can be extended for a period of four weeks from today for depositing of the amount as directed vide conditional judicial order dated 21.12.2006 as modified vide order dated 25.5.2007. Accordingly the petitioner is directed to comply with the conditional judicial order dated 21.12.2006 as modified vide order dated 25.5.2007 within a period of four weeks from today. On such compliance, the appeal shall be taken on to file by the 1st respondent and the same be disposed of in accordance with law. We make it clear that in default of complying with the conditional judicial order dated 21.12.2006 as modified vide order dated 25.5.2007 within the stipulated period, the impugned order dated 14.12.2007 becomes operative. The writ petition is accordingly disposed of with the above directions. ____________________ T.MEENA KUMARI, J. ____________ G.ROHINI, J. February 13, 2008 MVB.