Foreign exchange management applies throughout India and to overseas branches of Indian residents upon statutory commencement. The Act governs foreign exchange throughout India and extends to branches, offices and agencies outside India owned or controlled by persons resident in India, and to contraventions committed outside India by such persons. Commencement of provisions is by Central Government notification, with allowance for different commencement dates for different provisions and internal references to commencement referring to the coming into force of each provision.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign exchange management applies throughout India and to overseas branches of Indian residents upon statutory commencement.
The Act governs foreign exchange throughout India and extends to branches, offices and agencies outside India owned or controlled by persons resident in India, and to contraventions committed outside India by such persons. Commencement of provisions is by Central Government notification, with allowance for different commencement dates for different provisions and internal references to commencement referring to the coming into force of each provision.
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