The Firm regularly handles varied issues arising out of Foreign Exchange Management Act 1999 (“FEMA”), and Prevention of Money-Laundering Act 2002 (“PMLA”) by rendering legal advice/opinion/solutions and also represents the clients before Lucknow Zonal Office of Enforcement Directorate and other Investigation authorities.
We regularly liaise/handle routine issues of our Client companies majorly having their registered office in the State of Uttar Pradesh, falling under jurisdiction of Lucknow Zonal Office of Enforcement Directorate relating to compliance of FEMA, Foreign Exchange Management (Export of Goods & Services) Regulations, 2015, Master Direction- Import of Goods and Services issued by Reserve Bank of India and regulations with respect to Foreign Direct Investment regulations under FEMA.
Under PMLA, we advise and deal with issues and follow up action in the matter of provisional attachment orders, complaints before the Adjudicating Authority and prosecution complaints before the Special Courts under PMLA and appeals before the Appellate Tribunal under PMLA.
With our varied skill set derived from years of experience in handling FEMA and PMLA issues, we are well conversant and well equipped to deal with the intricacies in the foreign exchange domain and Anti Money-laundering arena.