Reserve Bank’s powers to issue directions to authorised person [Section 11]

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Full Text of the Document

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....cations or directions made thereunder, give to the authorised persons any direction in regard to making of payment or the doing or desist from doing any act relating to foreign exchange or foreign security. Reserve Bank power to call for information [ Section 11(2) ] The Reserve Bank may, for the purpose of ensuring the compli­ance with the provisions of this Act or of any rule, regulation, ....