Compounding of Contraventions under FEMA. Delegation of powers to RBI Regional Offices Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999 In terms of the Master Direction on “Compounding of Contraventions under FEMA, 1999” the powers to compound certain contraventions of have been delegated to …
FEMA Compounding orders to be hosted on RBI website for orders passed on or after 01/06/2016. Guidance note on compounding fee imposed to be also hosted for general public. Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) – Compounding of Contraventions under …
Master Direction-Compounding Contraventions under FEMA-1999-RBI. Power, Delegation, Authorisation, Application and Pre-requisite. Reserve Bank of India RBI/FED/2015-16/1FED Master Direction No.4/2015-16 January 1, 2016 To,All Authorised Dealer Category – I banks and Authorised banks Madam / Sir, Master Direction- Compounding of Contraventions under FEMA, 1999 The provisions of section 15 …
