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FEMA - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Whether the petitioner, who returned to India after six (6) ...


Returning Resident Challenges SBI on NRI Banking Benefits; Regulation A.15 of Foreign Exchange Manual Under Scrutiny.

August 19, 2013

Case Laws     FEMA     HC

Whether the petitioner, who returned to India after six (6) years from Saudi Arabia, ought to have been granted the same facilities qua his bank accounts maintained with State bank of India (SBI), which are available to a Non-Resident Indian (NRI) - Regulation A.15 of the Foreign Exchange Manual would be applicable to the petitioner. - HC

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