Challenge to the RBI (FEMA) circular - validity and legality - ...

RBI's Gold Import Circular Under FEMA Upheld; Jurisdiction and Authority to Regulate Foreign Exchange Confirmed.

February 16, 2016

Case Laws FEMA HC

Challenge to the RBI (FEMA) circular - validity and legality - Policy in relation to import of Gold - there is no basis for the complaint that it lacks jurisdiction or authority to regulate the dealings in foreign exchange. In the instant case, the Reserve Bank of India is doing precisely this and, therefore, it neither interferes nor takes over the powers of the competent authority either under the Act of 1992 or the Customs Act, 1962 - HC

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Challenge to the RBI (FEMA) circular - validity and legality - ...

RBI's Gold Import Circular Under FEMA Upheld; Jurisdiction and Authority to Regulate Foreign Exchange Confirmed.

February 16, 2016

Case Laws FEMA HC

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