Thursday, November 21, 2024    Bookmark and Share
Prashant Verma & Co.
Chartered Accountants
Advanced Search
My Documents
Admin Login
 
Home
Services
About Us
Presentation
Team
Contact Us
Partners
Ask a Query
News & Events
Information Sharing

 

 FOREIGN EXCHANGE REGULATION ACT, 1973

51. Power to adjudicate

For the purpose of adjudging under section 50 whether any person has committed a contravention of any of the provisions of this Act (other than those referred to in that section) or of any rule, direction or order made thereunder, the adjudicating officer shall hold an inquiry in the prescribed manner after giving that person a reasonable opportunity for making a representation in the matter and if, on such inquiry, he is satisfied that the person has committed the contravention, he may impose such penalty as he thinks fit in accordance with the provisions of that section.

 

Total Visitors: 1237