Realisation and repatriation of foreign exchange required for residents; must follow Reserve Bank specified period and manner. Any foreign exchange due or accrued to a person resident in India must be realised and repatriated to India, and the resident shall take all reasonable steps to realise and repatriate such foreign exchange within the period and in the manner as may be specified by the Reserve Bank.
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Provisions expressly mentioned in the judgment/order text.
Realisation and repatriation of foreign exchange required for residents; must follow Reserve Bank specified period and manner.
Any foreign exchange due or accrued to a person resident in India must be realised and repatriated to India, and the resident shall take all reasonable steps to realise and repatriate such foreign exchange within the period and in the manner as may be specified by the Reserve Bank.
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