New Delhi, Dec. 20 -- The Reserve Bank of India (RBI) has issued a compounding order dated on 06.11.2025 u/s 15 of Foreign Exchange Management Act, 1999 (FEMA), in the case of Janapriya Townships Private Limited, which has resulted into termination of investigation against the company for these contraventions of provisions of FEMA, 1999, read the official statement.
The said order has been passed by the RBI after issuance of "No Objection" by the Directorate of Enforcement (ED).
In this case, based on the credible information received, an investigation was taken up by ED for the following contraventions of FEMA, 1999, for which RBI has done compounding: -
Delay in reporting receipt of foreign inward remittances towards issuance of shar...
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