Explain the meaning of the term “Adjudicating Authority” under the Foreign Exchange Management Act, 1999, the powers available with the said authority to pass orders imposing penalty and enforce the same in relation to violation of any provision of FEMA by Mr. Dubious, a resident in India.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Adjudicating authority According to Section 2a of FEMA 1999 Adjudicating Authority means ... View the full answer