Separate bank accounts for investigation-related currency require deposit with a nationalised bank in the Directorate of Enforcement's name. Where an investigation into an alleged contravention of foreign-exchange law or related requirements is undertaken and relevant Indian currency is in an ... Summary
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Separate bank accounts for investigation-related currency require deposit with a nationalised bank in the Directorate of Enforcement's name.
Where an investigation into an alleged contravention of foreign-exchange law or related requirements is undertaken and relevant Indian currency is in an Enforcement Directorate officer's custody, the currency must be deposited in a nationalised bank. The deposit must be made in a separate account in the name of the Directorate of Enforcement.
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