What is meant by contravention under the Foreign Exchange Management Act (FEMA), 1999 ?

CS Executive · Economic and Commercial Laws · PYQS · December 2018
What is meant by contravention under the Foreign Exchange Management Act (FEMA), 1999 ?

Answer & Explanation:

Contravention is a breach of the provisions of the Foreign Exchange Management Act (FEMA), 1999 and rules / regulations / notification / orders / directions / circulars issued there under.

Topics: Foreign Exchange Management Act (FEMA)

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