The Foreign Exchange Management Act, 1999

The Foreign Exchange Management Act, 1999 (FEMA) is a landmark legislation aimed at facilitating external trade and payments while promoting orderly management of foreign exchange in India. This book presents FEMA in a structured and authoritative manner, providing comprehensive insights into its provisions, rules, and regulatory mechanisms.

It covers foreign exchange transactions, foreign investment inflows, cross-border remittances, external commercial borrowings, and capital account transactions. The book also explains compliance requirements, reporting obligations to the Reserve Bank of India (RBI), contraventions, penalties, and adjudication procedures. Practical interpretations and case studies help bridge statutory provisions with real-world applications.

Designed for lawyers, corporate professionals, financial institutions, regulators, and students, this book enables readers to understand the legal framework for foreign exchange management comprehensively. Its practical focus makes it invaluable for corporate compliance, legal advisory, and risk management related to cross-border transactions. The work serves as a definitive reference for navigating India’s foreign exchange landscape, ensuring lawful compliance and strategic business operations.