Fema a civil law, RBI alone can compound offences, says ED | India News
NEW DELHI: ED Thursday reiterated that Fema is primarily a civil legislation that through Section 15 provides for compounding of…
To avoid legal battles, ED settles 150 Fema cases with RBI nod
NEW DELHI: Faced with a pile of cases under the Foreign Exchange Management Act (Fema) and eager to avoid prolonged…