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FEMA - Highlights / Catch Notes

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FEMA - Power to compound contravention - RBI was not bound to ...

Case Laws     FEMA

June 30, 2018

FEMA - Power to compound contravention - RBI was not bound to put an end to the compounding proceedings - the compounding proceedings initiated vide the compounding applications of the petitioner and pending before the RBI should proceed, but strictly in accordance with law.

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