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            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.

            <h1>Authorisation under FEMA enables distinct authorised persons to conduct specified foreign exchange transactions and money changing activities.</h1> Reserve Bank of India issues authorisations under the Foreign Exchange Management Act to designate authorised persons. Authorisations comprise Authorised Dealer Category I (select banks authorised for all permissible current and capital account transactions), Authorised Dealer Category II (select entities authorised for specified non trade current account transactions and activities permitted to Full Fledged Money Changers), Authorised Dealer Category III (select financial and other institutions authorised for foreign exchange transactions incidental to business), and Full Fledged Money Changers (registered companies authorised to purchase and sell foreign exchange for specified purposes).

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