Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaki...
Authorised Dealers must not undertake foreign exchange derivative contracts involving INR with related parties, except for cancellation and rollover of existing contracts and back-to-back transactions with non-related non-resident users under the applicable Master Direction. The term "related parties" is to be read consistently with Ind AS 24, IAS 24, or equivalent accounting standards. The circular withdraws the earlier instruction issued on April 1, 2026 and applies with immediate effect.
Authorised Dealers must not undertake foreign exchange derivative contracts involving INR with related parties, except for cancellation and rollover of existing contracts and back-to-back transactions with non-related non-resident users under the applicable Master Direction. The term "related parties" is to be read consistently with Ind AS 24, IAS 24, or equivalent accounting standards. The circular withdraws the earlier instruction issued on April 1, 2026 and applies with immediate effect.
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