FEMA & Banking

News, Blog, FEMA & Banking

March 19, 2022

FATF adds UAE and removes Zimbabwe from ‘High-Risk and Other Monitored Jurisdictions’ list

Press Release: 2021-2022/1872, Dated: 16.03.2022 … Continue reading “FATF adds UAE and removes Zimbabwe from ‘High-Risk and Other Monitored Jurisdictions’ list”

Blog, News, FEMA & Banking

March 19, 2022

Govt. announces the pre-mature redemption price for SGB Scheme

RBI – Press Release: 2021-2022/1871, … Continue reading “Govt. announces the pre-mature redemption price for SGB Scheme”

Blog, News, FEMA & Banking

March 19, 2022

No prosecution against Co. under PMLA as entrusted person opened fake bank a/c

Case Details: VMT Spinning Mills … Continue reading “No prosecution against Co. under PMLA as entrusted person opened fake bank a/c”

Blog, News, FEMA & Banking

March 17, 2022

Trial Court’s order set aside as it overlooked the response and contentions of the accused: HC

Case Details: JSB Cargo and … Continue reading “Trial Court’s order set aside as it overlooked the response and contentions of the accused: HC”

Blog, News, FEMA & Banking

March 18, 2022

Govt. reviews the FDI policy | Permits FDI in LIC IPO to attract foreign investments

1. Introduction The Government has … Continue reading “Govt. reviews the FDI policy | Permits FDI in LIC IPO to attract foreign investments”

Blog, News, FEMA & Banking

March 14, 2022

Bail in Prevention of Money Laundering Act (PMLA) Cases

Case Details: Gautam Thapar v. … Continue reading “Bail in Prevention of Money Laundering Act (PMLA) Cases”

Blog, News, FEMA & Banking

March 14, 2022

RBI takes action against Paytm Bank Ltd. u/s 35A of the Banking Regulations Act, 1980

Press Release: 2021-2022/1850, Dated 11-03-2022 … Continue reading “RBI takes action against Paytm Bank Ltd. u/s 35A of the Banking Regulations Act, 1980”

Blog, News, FEMA & Banking

March 11, 2022

Fallacy of Trial Court in not impleading Company u/s 138 & 141 of the NI Act, 1881: Addressing practical considerations & takeaways

[2022] 136 taxmann.com 125 (Article) … Continue reading “Fallacy of Trial Court in not impleading Company u/s 138 & 141 of the NI Act, 1881: Addressing practical considerations & takeaways”

News, Blog, FEMA & Banking

March 10, 2022

RBI cautions public about commitments by third-party for early redressal of grievances on payment of fees

Press Release: 2021-2022/1836, Dated: 09.03.2022 … Continue reading “RBI cautions public about commitments by third-party for early redressal of grievances on payment of fees”

Blog, News, FEMA & Banking

May 13, 2022

RBI launches UPI for making Payments without Internet

Press Release 2021-2022/1830, Dated, 08-03-2022 … Continue reading “RBI launches UPI for making Payments without Internet”