Compounding timeframe for FEMA contraventions: process must conclude within the prescribed period after complete application receipt. Compounding of contraventions under FEMA is to be completed within 180 days from the date the Reserve Bank receives an application complete in all aspects; the period runs from receipt of a materially complete application by the Reserve Bank.
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.
Compounding timeframe for FEMA contraventions: process must conclude within the prescribed period after complete application receipt.
Compounding of contraventions under FEMA is to be completed within 180 days from the date the Reserve Bank receives an application complete in all aspects; the period runs from receipt of a materially complete application by the Reserve Bank.
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