FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000. - Foreign Exchange Management (Encashment of Draft, Cheque, Instrument And Payment of Interest) Rules, 2000.
FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000. - Foreign Exchange Management (Encashment of Draft, Cheque, Instrument And Payment of Interest) Rules, 2000.
Encashment of instruments: relevant drafts or cheques must be delivered for encashment to the Reserve Bank or authorised person. When an investigation under the Act is taken up into an alleged contravention of the foreign exchange law or of conditions attached to an authorisation, ... Summary
Encashment of instruments: relevant drafts or cheques must be delivered for encashment to the Reserve Bank or authorised person.
When an investigation under the Act is taken up into an alleged contravention of the foreign exchange law or of conditions attached to an authorisation, any draft, cheque or other instrument relevant to that investigation shall be delivered for encashment to the Reserve Bank of India or to an authorised person as specified by the investigating officer.
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