TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Payments to Indian Claimants from Liquidation Account via Rupee Cheques; Foreign Claimants Need Exchange Control Permits for Payment.</h1> Payments from the Companies Liquidation Account to claimants residing in India, whether Indian or foreign nationals, should be made via rupee cheques without involving the Reserve Bank of India. For claimants residing outside India, payments should be processed through banks authorized to handle foreign exchange, requiring necessary exchange control permits from the Reserve Bank. Additionally, payments can be made if the claimant has obtained an exchange control certificate authorizing the opening of a non-resident account or crediting the amount to a non-resident account in another person's name.
TaxTMI 
TaxTMI 
