NCLAT: Can’t Dismiss Restoration App. if Filed in 30 Days from Date of Dismissal of Original App. || Delhi HC: Communication between Parties through Whatsapp Constitute Valid Agreement || Delhi HC Seeks Response from Govt. Over Penalties on Petrol Pumps Supplying Fuel to Old Vehicles || Centre Notifies "Unified Waqf Management, Empowerment, Efficiency and Development Rules, 2025" || Del. HC: Can’t Reject TM Owner’s Claim Merely because Defendant Could have Sought Removal of Mark || Bombay HC: Cannot Treat Sole Director of OPC, Parallelly with Separate Legal Entity || Delhi HC: Can Apply 'Family of Marks' Concept to Injunct Specific Marks || HP HC: Can’t Set Aside Ex-Parte Decree for Mere Irregularity || Cal. HC: Order by HC Bench Not Conferred With Determination by Roster is Void || Calcutta HC: Purchase Order Including Arbitration Agreement to Prevail Over Tax Invoice Lacking it

RBI issues Master Directions on Foreign Exchange- (Reserve Bank of India) (04 Jan 2016)

MANU/RPRL/0006/2016

Banking

The Reserve Bank of India released 17 Master Directions covering foreign exchange transactions. The Directions consolidate RBI Circulars passed over the years under FEMA. The move hopes to simplify processes, encouraging compliance and improving clarity in regulatory communication.

The Directions follow on the heels of Dr. Raghuram G. Rajan (Governor, RBI) announcing in his policy statement for 2015-2016 the bid to “update all [of RBI’s] master regulations, and streamline the required procedure for compliance with the regulations by January 1, 2016.

Tags : RBI MASTER DIRECTIONS FEMA 2016

Share :