https://www.taxtmi.com/acts?id=2370 Regulation 15 empowers the Reserve Bank to direct a seller or person entitled to sell or procure sale of exported goods or software, where the prescribed period for receipt of payment has expired without payment, to secure payment, to effect sale and payment if unsold, or to arrange re importation into India within a period specified by the Reserve Bank; omission to issue directions does not absolve the person committing the contravention from consequences. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 10:18:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2370 Regulation 15 empowers the Reserve Bank to direct a seller or person entitled to sell or procure sale of exported goods or software, where the prescribed period for receipt of payment has expired without payment, to secure payment, to effect sale and payment if unsold, or to arrange re importation into India within a period specified by the Reserve Bank; omission to issue directions does not absolve the person committing the contravention from consequences. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2370