


1.1 Background of FEMA
i.e. -
1.1-1 Extra territorial jurisdiction of FEMA i.e. British India Steam Navigation Co. Ltd. Shanmugha Vilas Cashew Industries
1.1-2 Salient provisions of FEMA -
Para 1.2 13.4
Enforcement of FEMA-
UOI Venkateshan
RBI to administer FEM (Non-debt Instruments) Rules -
1.1-3 Suspension of Act in extraordinary situations -
1.2 FEMA in changed situation
licence and permit Raj
13.5 Para 1.3
e.g.
-
1.3-1 General relaxations from section 3 of FEMA vide a b c
Para 1.3 13.6
i ii
LIC Escorts Ltd.Akshay N Patel RBI
Chitra Sharma UOI Main functions of RBI under FEMA ab c d e
13.7
Para 1.3
f g h i
RBI can give ex post facto approval - LIC of India Escorts Ltd. ex post facto i.e.
Dale & Carrington Investment P K Prathapan
Texmaco Ltd. Dy Director, Enforcement Approval and permission - DistinctionHigh Court of Judicature for Rajasthan P P Singh
Prohibition & Excise Supdt Toddy Tappers Coop Society
If prior permission is required, act without such prior permission would be void and unenforceable
Asha
John Divianathan Vikram Malhotra
Foreign Exchange department of RBI -
Directions issued by RBI have statutory force -Central Bank of India Ravindra Sudhir Shantilal Mehta CBI
1.3-3 Information on web
Para 1.4 13.8
a b c d e
1.3-4 Financial Benchmarks India Pvt. Ltd. (FBPL)
1.4 Spread of provisions of FEMA -
Rules under FEMA -Regulations under FEMA -
1.4-1 Master Directions by RBI
Master Direction Subject -
Para 1.5 13.10
a b cd efi.e. g
AUTHOR PUBLISHER
This unique book presents all aspects of the foreign exchange laws in India, including:
• Foreign Exchange Management Act (FEMA)
• Rules & Regulations under FEMA
• Notifications issued under FEMA
• Master Directions updated till date
• Memorandum of Instructions
• Law relating to Foreign Contributions
• Law relating to the Prevention of Money Laundering
• Foreign Direct Investments
• Allied Acts/Rules & Guidelines
• FEMA & FDI Ready Reckoner on 50+ Topics
• FEMA Case Law Digest covering Section-wise digest of judgements of Supreme Court/ High Courts & ATFE
• RBI's Circulars & Clarifications