Tag
Foreign Exchange Regulations
2 articles
Amaltas Inc. Seeks Supreme Court Direction on RBI Purpose Codes
Amaltas Inc. filed a writ petition in the Supreme Court seeking a directive for the RBI to allocate purpose codes for foreign inward remittances.
The Supreme Court disposed of the petition, directing
Supreme Court Sets Aside FEMA Orders Against Accord Distilleries
The Supreme Court set aside orders of the High Court and Adjudicating Authority in a FEMA violation case involving Accord Distilleries.
The Court held that adjudication proceedings should not have pro