Format pack, 4 formats · FV08-M3

Compounding under the 2024 Rules

What to do once LSF is no longer available. It covers the rules, the directions and the 2025 amendments, who decides, how the amount is worked out, the PRAVAAH application, the hearing, the order and payment, plus a worked example and the four documents every application needs.

Length
10 pages
Blanks to fill
134
Files
Word and PDF
Law stated to
16 September 2026

The 4 formats inside

  1. 1Application for compounding of contraventionsFEMA s.15 · FE (Compounding Proceedings) Rules 2024 · MD, Compounding (22.04.2025)49 blanksOn its own₹149
  2. 2Annexures 1 and 2, chronology, and statement of amounts, periods and computationCompounding application · M.362 blanksOn its own₹149
  3. 3Board resolution authorising a compounding applicationCompanies Act 2013 s.179 · FEMA s.1524 blanksOn its own₹149
  4. 4Undertaking regarding investigation by the Directorate of EnforcementMD, Compounding · Annex III (substance)11 blanksOn its own₹149

Read the opening

The first part of “Application for compounding of contraventions”, as it downloads. Blanks are highlighted.

To be filed on the PRAVAAH portal, with the Annexures, enclosures and fee. Adapt headings to the portal's fields where the portal prescribes them; keep this document as the uploaded statement.

APPLICATION FOR COMPOUNDING OF CONTRAVENTIONS UNDER SECTION 15 OF THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999 READ WITH THE FOREIGN EXCHANGE (COMPOUNDING PROCEEDINGS) RULES, 2024

To
The Compounding Authority
Foreign Exchange Department
Reserve Bank of India
[Regional Office / Central Office Cell, New Delhi / Central Office, Mumbai]

Date: [Date of the application] PRAVAAH reference: [PRAVAAH reference number]

20 more paragraphs and tables follow in the full format.

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