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of <h1>Rule 6 prevents adjudication proceedings after foreign exchange violation compounding under section 16</h1> Rule 6 of the Foreign Exchange (Compounding Proceedings) Rules, 2024 establishes that when a foreign exchange violation is compounded before adjudication under section 16, no inquiry or further inquiry for adjudication of that specific contravention may be initiated or continued against the person for whom the violation was compounded. This provision effectively terminates the adjudication process once compounding occurs, preventing dual proceedings for the same violation.
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