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Relief to NDTV; Bombay HC directs RBI to consider compounding plea filed by NDTV on alleged FEMA violations

June 28, 2018[2018] 94 451 (Bombay)

FEMA: RBI to be directed to consider compounding applications filed by NDTV in a case of alleged violation of Foreign Exchange Management Act (FEMA); letter issued by Enforcement Directorate to RBI which had prevented compounding being vague and general was to be set aside

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