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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>Foreign currency account restrictions prevent liaison, branch and project offices from using FCY accounts for ordinary business transactions.</h1> Liaison, branch and project offices of foreign entities in India are not permitted to open or use foreign currency accounts for ordinary business transactions under the applicable FEMA guidance, and must comply with the prescribed FEMA mechanisms for any permitted remittances or receipts.

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