Amendment to foreign exchange adjudication rules adds a statutory appeal timeline and removes a 'brief' drafting term. Amendment to the Foreign Exchange Management (Adjudication Proceedings and Appeal) Rules, 2000 omits the word 'brief' from rule 4(9) and adds the phrase 'within one hundred and eighty days from the date of such appeal' to the end of rule 6(4), thereby introducing a statutory timeline for the action specified in that sub rule; the amendment takes effect on publication in the Official Gazette.
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Amendment to foreign exchange adjudication rules adds a statutory appeal timeline and removes a 'brief' drafting term.
Amendment to the Foreign Exchange Management (Adjudication Proceedings and Appeal) Rules, 2000 omits the word "brief" from rule 4(9) and adds the phrase "within one hundred and eighty days from the date of such appeal" to the end of rule 6(4), thereby introducing a statutory timeline for the action specified in that sub rule; the amendment takes effect on publication in the Official Gazette.
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