US EditionRBI Update - Amendments to Directions - Compounding of Contraventions under FEMA, 1999 (Applicable - All Authorised Dealer Category-I banks and Authorised banks) - Mehta & Mehta
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RBI Update - Amendments to Directions - Compounding of Contraventions under FEMA, 1999 (Applicable - All Authorised Dealer Category-I banks and Authorised banks) - Mehta & Mehta
RBI issued the notification regarding Amendments to Directions – Compounding of Contraventions under FEMA, 1999The following has been stated It is decided that the following clause shall be inserted as Para 5.4.II.vi in Directions for compounding of contraventions under FEMA, 1999, and Master Directions on compounding of contraventions under FEMA, 1999, dated April 22, 2025 Subject to satisfaction of the compounding authority, based on the na…
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