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        FEMA

        Section 41 - Power of Central Government to give Directions.

        Foreign Exchange Management Act, 1999
        Chapter VII
        MISCELLANEOUS

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        Government directions to the Reserve Bank: executive authority may issue binding directions which the Bank must comply with. The provision empowers the Central Government to issue general or special directions to the Reserve Bank for purposes of the Act, and requires the Reserve Bank to comply with those directions in the discharge of its functions under the statute.
                        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.

                              Government directions to the Reserve Bank: executive authority may issue binding directions which the Bank must comply with.

                              The provision empowers the Central Government to issue general or special directions to the Reserve Bank for purposes of the Act, and requires the Reserve Bank to comply with those directions in the discharge of its functions under the statute.


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