Delhi High Court: Assets From Illegal Cricket Betting are Proceeds of Crime Attachable by ED  ||  Delhi HC: Extension to Issue SCN U/S 110 of The Customs Act Must be Granted Before Six Months Expire  ||  Delhi HC: Statements to Customs under Section 108 During Goods Seizure Aren't Admissible As Evidence  ||  Delhi HC: Oral Waiver of a Show-Cause Notice is Invalid And Continued Detention of Goods is Unlawful  ||  Supreme Court: Letter of Intent is a 'Promise in Embryo', Rights Arise Only After Conditions Met  ||  SC Auction Sale under Order XXI Rule 90 CPC Cannot Be Challenged on Pre-Proclamation Grounds  ||  NCLT Kochi: CoC May Invite Fresh Bids, Regulations Only Restrict Alteration of Existing Bids  ||  Chhattisgarh HC: Father Must Provide Maintenance and Marriage Expenses to Unmarried Adult Daughter  ||  Delhi HC Rules That ‘Hermès’ and the 3D Shape of its ‘Birkin’ Bag are Well-Known Trademarks in India  ||  Kerala HC: Arrest is Illegal if Accused isn’t Produced in 24 Hours and Rearrest From Prison is Barred    

RBI to make FEMA compounding orders public- (Reserve Bank of India) (26 May 2016)

MANU/APDR/0037/2016

FEMA

The Reserve Bank of India will provide information on compounding orders passed after 1 June 2016.

The step, seen as a further shaming tactic, reflects the serious nature of “wilful, malafide and fraudulent transactions”. Under the Foreign Exchange )Compounding Proceedings) Rules 2000, the Bank is empowered with compounding penalties for certain FEMA contraventions.

Tags : FEMA   COMPOUNDING   RBI   ORDER  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved