by Administrator | Apr 10, 2015 | Criminal Laws, Foreign Exchange Laws, Law Reviews
An enactment namely, ‘The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976’ (Act no. 13 of 1976) being Act of Parliament was enacted for making provisions as to forfeiting properties of smugglers and foreign exchange manipulators which...
by Administrator | Mar 4, 2015 | Foreign Exchange Laws, Foreign Laws, Law Reviews
The Foreign Contribution (Regulation) Act was enacted on 26th September 2010. It has come into force only on 29.04.2011 with effect from notifications in the Official Gazette. This Act has been incorporated in order to prevent mis-utilization of the foreign...
by Administrator | Jul 28, 2014 | Articles, Foreign Exchange Laws
The economy of a country depends on various factors that provides financial infrastructure. Different trades are one of major sources that contribute economic stability to a country. Many historical evidences show that inter trade relations between countries occurred...
by Administrator | Jul 14, 2014 | Foreign Exchange Laws, Law Reviews
The infringement of the legal principles governing foreign exchange and smuggling activities have adversely affected the intensification of Indian economy and serious threat to the security of the nation. Certain localities in India are increasingly exposed to...
by Administrator | Sep 27, 2013 | Corporate Law, Foreign Exchange Laws, Foreign Laws, Law Reviews
The business dealings such as investments, trade and commerce, import and export etc., when done with an overseas nation, the arrangements are done in foreign exchange. The foreign exchange was standardized in India under the Foreign Exchange Regulation Act (FERA),...