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            <h1>Applicants Must Submit Prescribed Application for FEMA 1999 Contravention Compounding to Reserve Bank, Include All Required Details</h1> Applicants seeking compounding of contraventions under FEMA, 1999, must submit an application in the prescribed format to the Reserve Bank. The application should include relevant details from the Annexures concerning Foreign Direct Investment, External Commercial Borrowings, Overseas Direct Investment, and Branch or Liaison Offices, as applicable. Additionally, applicants must provide an undertaking confirming they are not under investigation by the Directorate of Enforcement, a cancelled cheque copy, and a copy of the Memorandum of Association. The application must also include contact details such as the name, phone number, and email ID of the applicant or their authorized representative.

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