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of <h1>Financial Instrument Proceeds Released: Investigative Authorities Clarify Disposition Rules Under Foreign Exchange Management Regulations</h1> The statutory provision outlines procedures for handling draft, cheque, or instrument proceeds during legal investigations or appeals under Foreign Exchange Management regulations. When an investigative or appellate authority determines a financial instrument is not relevant to the proceedings, they can issue an order specifying the person to whom the proceeds should be paid, ensuring proper disposition of financial instruments.
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