What is the Composition of Appellate Tribunal? Section 20 of FEMA Act 1999
20. (1) The Appellate Tribunal shall consist of a Chairperson and such number of Members as the Central Government may deem fit.
(2) Subject to the provisions of this Act,-
(a) the jurisdiction of the Appellate Tribunal may be exercised by Benches thereof;
(b) a Bench may be constituted by the Chairperson with one or more Members as the Chairperson may deem fit;
(c) the Benches of the Appellate Tribunal shall ordinarily sit at New Delhi and at such other places as the Central Government may, in consultation with the Chairperson, notify;
(d) the Central Government shall notify the areas in relation to which each Bench of the Appellate Tribunal may exercise jurisdiction.
(3) Notwithstanding anything contained in sub-section (2), the Chairperson may transfer a Member from one Bench to another Bench.
(4) If at any stage of the hearing of any case or matter it appears to the Chairperson or a Member that the case or matter is of such a nature that it ought to be heard by a Bench consisting of two Members, the case or matter may be transferred by the Chairperson or, as the case may be, referred to him for transfer, to such Bench as the Chairperson may deem fit.
REGULATION AND MANAGEMENT OF FOREIGN EXCHANGE
Section 3 - Dealing in foreign exchange, etc
Section 4 - Holding of foreign exchange, etc
Section 5 - Current account transactions
Section 6 - Capital account transactions
Section 7 - Export of goods and services
Section 8 - Realisation and repatriation of foreign exchange
Section 9 - Exemption from realisation and repatriation in certain cases
Section 10 - Authorised person
Section 11 - Reserve Bank's powers to issue directions to authorised person
Section 12 - Power of Reserve Bank to inspect authorised person
CONTRAVENTION AND PENALTIES
Section 14 - Enforcement of the orders of Adjudicating Authority
Section 15 - Power to compound contravention
Section 16 - Appointment of Adjudicating Authority
Section 17 - Appeal to Special Director (Appeals)
Section 18 - Establishment of Appellate Tribunal
Section 19 - Appeal to Appellate Tribunal