Foreign exchange realisation and repatriation require Indian residents to prevent delayed receipt or loss of receivability of amounts due. Persons resident in India receiving or entitled to foreign exchange must take all reasonable steps to realise and repatriate it to India, subject to ... Summary
Foreign exchange realisation and repatriation require Indian residents to prevent delayed receipt or loss of receivability of amounts due.
Persons resident in India receiving or entitled to foreign exchange must take all reasonable steps to realise and repatriate it to India, subject to applicable legal provisions and Reserve Bank permissions. They must not take, or refrain from taking, any action that delays receipt of the foreign exchange or causes any part of it to cease being receivable.
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