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2009 (1) TMI 894 - HC - FEMAExtract: .......l Fledged Money Changer (FLM), issued by Reserve Bank of India (RBI) under Section 73(3) of FERA, while undertaking money changing transactions with another Authorised Dealer, can such Authorised Dealer then be held liable for violation of provisions of Section 6(4) and (5) of FERA ? 3. Mr.Rao, the learned Counsel for the Respondent waives service.
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