New Delhi, Jan 9 (IANS) The Reserve Bank of India (RBI) has issued a compounding order on December 12, 2025, under section 15 of the Foreign Exchange Management Act (FEMA), 1999, in the case of Kakinada Seaports Limited, which has resulted in the termination of the proceedings against the company for alleged contraventions of provisions of FEMA, according to an Enforcement Directorate (ED) statement on Friday.The order was passed by the RBl after issuance of a “no objection” certificate by the E…
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