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of <h1>Legal Framework Empowers Enforcement of Foreign Exchange Penalties Through Structured Civil Imprisonment Mechanism for Defaulters</h1> This statutory provision outlines the enforcement mechanism for penalties under the Foreign Exchange Management Act (FEMA). It details the process for civil imprisonment of defaulters who fail to pay imposed penalties within 90 days. The section provides a comprehensive framework for issuing notices, arresting defaulters, conducting inquiries, and potential detention, with specific conditions and limitations on imprisonment duration based on the amount of arrears.
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