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Reserve Bank's Powers to Issue Directions to Authorised Person

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Full Text of the Document

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....thorised Person. 11. (1) The Reserve Bank may, for the purpose of securing compliance with the provisions of this Act and of any rules, regulations, notifications or directions made thereunder, give ....

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Full Text of the Document

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.... in such manner, as it deems fit. (3) Where any authorised person contravenes any direction given by the Reserve Bank under this Act or fails to file any return as directed by the Reserve Bank, the R....