Repatriation outside India defined as drawing foreign exchange from authorised dealers and remitting through banking channels. Regulation 2 defines key terms: Act means the Foreign Exchange Management Act, 1999; Authorised Dealer means a person authorised under section 10(1) of the Act; Non-Resident Indian (NRI) and Overseas Citizen of India (OCI) are persons resident outside India who are Indian citizens or registered OCI cardholders respectively; Repatriation outside India means buying or drawing foreign exchange from an authorised dealer and remitting it abroad through banking channels or crediting convertible accounts. Expressions not defined here have the meanings in 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.
Repatriation outside India defined as drawing foreign exchange from authorised dealers and remitting through banking channels.
Regulation 2 defines key terms: Act means the Foreign Exchange Management Act, 1999; Authorised Dealer means a person authorised under section 10(1) of the Act; Non-Resident Indian (NRI) and Overseas Citizen of India (OCI) are persons resident outside India who are Indian citizens or registered OCI cardholders respectively; Repatriation outside India means buying or drawing foreign exchange from an authorised dealer and remitting it abroad through banking channels or crediting convertible accounts. Expressions not defined here have the meanings in the Act.
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