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FEMA - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

FERA 1973 - Release of foreign exchange in violation of the ...


High Court upholds penalty for breaching Foreign Exchange Regulation Act, 1973 by releasing forex against RBI instructions.

February 22, 2012

Case Laws     FEMA     HC

FERA 1973 - Release of foreign exchange in violation of the instructions of the RBI resulting in a violation of the relevant provisions of the FERA 1973 - Imposition of penalty upheld - HC

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