Compounding Authority defined as authorised officers for FEMA compounding proceedings, specifying enforcement and central bank ranks. Compounding Authority is defined as the persons authorised to compound contraventions under the Foreign Exchange law, limited to two categories of authorised officers: designated enforcement officers from the investigative agency and designated central bank officers from the monetary authority, each specified by senior rank to authorise compounding powers under the Act.
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.
Compounding Authority defined as authorised officers for FEMA compounding proceedings, specifying enforcement and central bank ranks.
Compounding Authority is defined as the persons authorised to compound contraventions under the Foreign Exchange law, limited to two categories of authorised officers: designated enforcement officers from the investigative agency and designated central bank officers from the monetary authority, each specified by senior rank to authorise compounding powers under the Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.