Compounding of FEMA contraventions: applications must be filed with the Reserve Bank under the Directions specifying procedural paragraphs. A contravener seeking compounding under FEMA, 1999 must submit a compounding application with relevant documents and annexures to the Reserve Bank in accordance with the Directions on Compounding of Contraventions, as set out in paragraphs 2.1-2.4.
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Provisions expressly mentioned in the judgment/order text.
Compounding of FEMA contraventions: applications must be filed with the Reserve Bank under the Directions specifying procedural paragraphs.
A contravener seeking compounding under FEMA, 1999 must submit a compounding application with relevant documents and annexures to the Reserve Bank in accordance with the Directions on Compounding of Contraventions, as set out in paragraphs 2.1-2.4.
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