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  • Compounding of Contraventions under the Foreign Exchange Management Act,1999

    Compounding of Contraventions under the Foreign Exchange Management Act,1999

    Introduction Contravention is a breach or non-compliance of the provisions of Foreign Exchange Management Act (“Act”), 1999, and the rules, regulations, notifications, orders or circulars or directions made thereunder. The Reserve Bank of India (“RBI”) has been empowered by the

    Sharda Balaji
    By Sharda Balaji over 2 years ago
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