Charge registration exclusion: charges prescribed in consultation with the Reserve Bank of India are exempted from section 77 application. The amendment inserts a proviso stating that section 77 shall not apply to charges that are prescribed in consultation with the Reserve Bank of India, ... Summary
Charge registration exclusion: charges prescribed in consultation with the Reserve Bank of India are exempted from section 77 application.
The amendment inserts a proviso stating that section 77 shall not apply to charges that are prescribed in consultation with the Reserve Bank of India, thereby excluding such prescribed charges from the section's operation.
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