Delhi High Court decision in case of RBI v. Jindal Steel and Power Limited

Power of RBI to withhold remittance to be made under Automatic route to Wholly owned Subsidiary- cannot be used to reject the remittance on whimsical and arbitrary reasons* 

*Court- Delhi High court*

*Date -26th March 2021*

*Citation-Reserve Bank of India Vs Jindal STeel and Power Limited.*


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