Encashment of investigation-relevant instruments requires delivery to the specified recipient during foreign exchange contravention investigations. During an investigation under section 37 into an alleged foreign exchange contravention, an investigating officer may require any relevant draft, cheque, ... Summary
Encashment of investigation-relevant instruments requires delivery to the specified recipient during foreign exchange contravention investigations.
During an investigation under section 37 into an alleged foreign exchange contravention, an investigating officer may require any relevant draft, cheque, or other instrument to be delivered for encashment. Delivery may be directed to the Reserve Bank of India or to a specified authorised person.
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