Condonation of delay under Foreign Exchange Management Act, 1999

Every law requires certain compliances to be followed like application procedure, filing of document etc. If the entity/individual fails to complies to the compliances, a remedy policy is provided by the Indian law where parties can request for condonation of delay and continue as if no delay has been caused. This article guides on condonation of delay under the Companies Act, 2013 and FEMA, 1999 (herein referred to as FEMA). In case of further doubt and clarification, professionals from ASC Group provides complete support.