compound order

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    Mundlur Case: RBI Orders Compounding of FEMA Violation

    New Delhi, April 2 The Reserve Bank of India (RBI) issued an order on February 20 this year under Section 15 of the Foreign Exchange Management Act (FEMA), 1999, in the case involving Rs 4.1 crore against Vikram Mundlur, which has resulted in the termination of adjudication proceedings against...
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