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<h1>Foreign Exchange Management Act Inquiry: Comprehensive Procedural Guidelines for Notices, Hearings, Evidence, and Penalty Determination</h1> The statutory provision outlines the procedural framework for holding an inquiry under the Foreign Exchange Management Act. It details the process of issuing show cause notices, conducting hearings, gathering evidence, and imposing penalties. The Adjudicating Authority has powers to summon witnesses, proceed ex parte if required, and issue written orders specifying the contravention and reasons for the decision. The rule ensures due process and provides mechanisms for adjudicating potential foreign exchange management violations.