Question
Which of the following actions is prohibited without the
necessary authorization under the provisions of the FEMA?Solution
Explanation: Section 3 Dealing in foreign exchange, etc.—Save as otherwise provided in this Act, rules or regulations made thereunder, or with the general or special permission of the Reserve Bank, no person shall— (a) deal in or transfer any foreign exchange or foreign security to any person not being an authorised person; (b) make any payment to or for the credit of any person resident outside India in any manner; (c) receive otherwise through an authorised person, any payment by order or on behalf of any person resident outside India in any manner; (d) enter into any financial transaction in India as consideration for or in association with acquisition or creation or transfer of a right to acquire, any asset outside India by any person.
The case of Kailash Sharma vs. The Patna Municipal Corporation and Ors.______?
Rule of Estoppel is contained in Section ………. Of Indian Evidence Act
Which of the following statements best describes the principle of progressive taxation?
A is accused of murder of B by pistol alleged to by purchased on 10 August at Lucknow. A makes statement that on 10 August he was at Bhopal not at Luckn...
As per the definition of deposit given under Companies Act, 2013 it does not include ________________
The doctrine of election and apportionment are laid down in which of the following Section of the Transfer of Property Act. 1882 ________.
What must a party do if they intend to challenge an arbitrator and there is no agreement on the matter?
Part IV A of the Indian Constitution deals with_________________
Where a valuation is required to be made in respect of any assets or net worth of a company or its liabilities under the Companies Act, it shall be val...
Which convention provides protection to prisoners of war under International Humanitarian Law?