Inability to appear on summons before the Enforcement Directorate (ED) would prompt serious action under Section13 of FEMA for contravening the provisions of Section 37 of FEMA by the suspect. Section-13 enforces a penalty of up to thrice the sum involved in case of breach of any provision of FEMA where such amount is assessable, or up to ₹200000 where the amount is not assessable, and where such breach is an ongoing one, further penalty, which may range to ₹5000 for every day after the first day during which the breach continues.
To save your time and day-by-day rising legal cost on your FEMA & Money Laundering (AML / PMLA) related case matters, please book a tele-appointment with Ozg Lawyers or write an email to: ask@fema.in
Tele-Appointment Link:
📲 facebook.com/FEMAconsultant
Write Email to 📮 ask@fema.in
24/7 ☎️ WA.me/918779696580
