High Court of Bombay Considers Whether an Authorised Dealer Compliant with RBI's FLM Instructions Can Be Held Liable under Sections 6(4) and 6(5) of FERA; Maintainability Not Disputed Despite Co-Noticees' Failure to Appeal.
14 Oct 2010This matter concerns two appeals filed under the Foreign Exchange Management Act (FEMA) before the High Court of Bombay, challenging an order of the A...
