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FEMA Compounding Orders: A Comprehensive Analysis

FEMA Compounding Orders: A Comprehensive Analysis

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Author:C A Harshal Bhuta, C.A. Hardik Mehta and C A Tanvi Vora
ISBN 13:9789389165654
Binding:Softcover
Language:English
Year:2019
Subject:Law

About the Book

The law governing exchange control aspects of cross border transactions viz. Foreign Exchange Management Act, 1999 along with its Rules and Regulations, is a special and unique statute in itself, which is regulated and administered by Reserve Bank of India ('RBI'). RBI implemented a policy decision in May 2016, to make public disclosure of all compounding orders passed by it. This has offered an ideal opportunity to gain insights into RBI's outlook and interpretation of FEMA, and also the administrative practices adopted by RBI from time to time. The book provides a comprehensive analysis of all the compounding orders published by RBI during the period July 2016 to December 2018, to facilitate FEMA practitioners, companies and other persons undertaking cross-border transactions in understanding the RBI's perspective which is the driving force behind its interpretation and administration of FEMA. Key features of the book: · Solitary publication on analysis of RBI compounding orders (covering orders issued upto 31st December 2018) · Coverage of 1268 FEMA compounding orders · Arrangement of compounding orders Notification-wise and Regulation-wise FEMA Compounding Orders : A Comprehensive Analysis