Section 49: Failure to comply with conditions subject to which permissions or licenses have been given or granted under the Act to be contravention of the provisions of the Act .-Where under any provision of this Act any permission or license has been given or granted to any person subject to any conditions and

Q: What does Section 49 of The Foreign Exchange Regulation Act, 1973 (FERA) deal with?

Section 49 FERA pertains to "Failure to comply with conditions subject to which permissions or licenses have been given or granted under the Act to be contravention of the provisions of the Act .-Where under any provision of this Act any permission or license has been given or granted to any person subject to any conditions and". It is part of the The Foreign Exchange Regulation Act, 1973, a legislation enacted by the Parliament of India. Section 49 of The Foreign Exchange Regulation Act, 1973 (FERA) governs failure to comply with conditions subject to which permissions or licenses have been given or granted under the Act to be contravention of the provisions of the Act .-Where under any provision of this Act any permission or license has been given or granted to any person subject to any conditions and. As verified on 19 May 2026.

Q: Is Section 49 FERA still in force?

Yes, Section 49 of the The Foreign Exchange Regulation Act, 1973 is currently in force across the Republic of India.

Q: What is धारा 49 FERA?

धारा 49 FERA is the Devanagari Hindi reference for Section 49 of the The Foreign Exchange Regulation Act, 1973. Section 49 of The Foreign Exchange Regulation Act, 1973 (FERA) governs failure to comply with conditions subject to which permissions or licenses have been given or granted under the Act to be contravention of the provisions of the Act .-Where under any provision of this Act any permission or license has been given or granted to any person subject to any conditions and. As verified on 19 May 2026.

Q: What is Dhara 49 FERA?

Dhara 49 FERA is the Roman Hindi reference for Section 49 of the The Foreign Exchange Regulation Act, 1973. "Dhara" means "Section" in Hindi. Section 49 of The Foreign Exchange Regulation Act, 1973 (FERA) governs failure to comply with conditions subject to which permissions or licenses have been given or granted under the Act to be contravention of the provisions of the Act .-Where under any provision of this Act any permission or license has been given or granted to any person subject to any conditions and. As verified on 19 May 2026.

Q: How to cite Section 49 of The Foreign Exchange Regulation Act, 1973?

Cite as: "Section 49, The Foreign Exchange Regulation Act, 1973 (FERA)" in legal briefs. For academic writing, use the BlueBook format: The Foreign Exchange Regulation Act, 1973, § 49 (India).

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(i) such person fails to comply with all or any of such conditions; or

(ii) any other person abets such person in not complying with all or any of such conditions, then, for the purposes of this Act,-

(a) in a case referred to in clause (i), such person shall be deemed to have contravened such provision; and

(b) in a case referred to in clause (ii), such other person shall be deemed to have abetted the contravention of such provision.