Form ORA reporting: Authorized dealers no longer must forward regional submissions, must retain approval records locally. Mandatory forwarding of Form ORA to regional offices is discontinued; Authorized Dealers must retain particulars of approvals for opening Trading Offices, Non Trading Offices, Branches or Representative Offices abroad at their end. The change is issued under FEMA and does not affect other approvals or statutory compliance required under other laws.
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.
Form ORA reporting: Authorized dealers no longer must forward regional submissions, must retain approval records locally.
Mandatory forwarding of Form ORA to regional offices is discontinued; Authorized Dealers must retain particulars of approvals for opening Trading Offices, Non Trading Offices, Branches or Representative Offices abroad at their end. The change is issued under FEMA and does not affect other approvals or statutory compliance required under other laws.
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