Exemption for Nepal and Bhutan currency: foreign exchange regulations do not apply to that currency under these rules. An express exemption excludes currency of Nepal and Bhutan from the application of the Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, so that transactions and holdings in those currencies are not governed by the Regulations' requirements for realisation, repatriation or surrender.
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.
Exemption for Nepal and Bhutan currency: foreign exchange regulations do not apply to that currency under these rules.
An express exemption excludes currency of Nepal and Bhutan from the application of the Exchange Management (Realisation, Repatriation and Surrender of Foreign Exchange) Regulations, so that transactions and holdings in those currencies are not governed by the Regulations' requirements for realisation, repatriation or surrender.
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