Foreign exchange adjudication proceedings establish a framework for penalty inquiries and appeal processes under the statutory enforcement regime.

Foreign Exchange Management (Adjudication Proceedings and Appeal) Rules, 2000 establish procedures for enquiries undertaken to impose penalties and for appeals under the foreign exchange management regime. The framework concerns adjudication and appellate processes under Chapter V, including the conduct of penalty-related enquiries. The Rules took effect on 1 June 2000.

---

---

---