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V.Ramachandran vs The Special Director on 3 March, 2011

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[Section 6(3)] [Section 6] [Complete Act]
Central Government Act
Section 6(3)(j) in The Foreign Exchange Management Act, 1999
(j) giving of a guarantee or surety in respect of any debt, obligation or other liability incurred-
(i) by a person resident in India and owed to a person resident outside India; or
(ii) by a person resident outside India.