Karnataka HC: A Neighbour Cannot be Charged With Matrimonial Cruelty under Section 498A IPC || Revisional Power U/S 25B(8) of Delhi Rent Control Act is Supervisory; HC Cannot Revisit Facts || Poverty Cannot Bar Parole; Rajasthan HC Waives Surety For Indigent Life Convict, Sets Guidelines || Delhi High Court: Late Payment of TDS Does Not Absolve Criminal Liability under the Income Tax Act || NCLT Kochi: Avoidance Provisions under Insolvency Code Aim to Restore, Not Punish, Parties || Bombay High Court: In IBC Cases, High Courts Lack Parallel Contempt Jurisdiction over the NCLT || Supreme Court: Concluded Auction Cannot Be Cancelled Merely To Invite Higher Bids at a Later Stage || SC: In Customs Classification, Statutory Tariff Headings and HSN Notes Prevail over Common Parlance || SC: Under the Urban Land Ceiling Act, Notice U/S 10(5) Must be Served on the Person in Possession || Supreme Court: Only Courts May Condone Delay; Tribunals Lack Power Unless Statute Allows

Diamond Dollar Account - Reporting Mechanism- (Reserve Bank of India) (23 Mar 2016)

MANU/APDR/0016/2016

Banking

The Reserve Bank of India has dispensed with quarterly and fortnightly statements previously submitted by banks giving details of the name and address of firms or companies in whose name a Diamond Dollar Account had been opened. Though regular statements are no longer required, banks must continue to maintain the database of such account holders.

Relevant : Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 MANU/RFEM/0006/2016

Tags : DIAMOND DOLLAR BANK ACCOUNT STATEMENT

Share :