Standing Order No. 2751/2009 of the Finance Department, Government of Maharashtra dated 15th January, 2009 on dealing in foreign currency [C1N-ZH4]

As at 7 September 2026. In force. No commencement recorded.

Dates: made 15 January 2009; in force not recorded; ceased none recorded. Gazette: none recorded. Band B.

Jurisdiction: Maharashtra [IN-MH]. Made by the Finance Department, Government of Maharashtra.

Synthetic. This instrument, its title, its number and its words are generated by the register, beneath the Act its recital names.

Cite: Standing Order No. 2751/2009 of the Finance Department, Government of Maharashtra dated 15th January, 2009 on dealing in foreign currency, Standing Order No. 2751/2009, 15th January, 2009 [C1N-ZH4]. Machine: C1N-ZH4.

Standing Order No. 2751/2009

GOVERNMENT OF MAHARASHTRA

Finance Department, Government of Maharashtra

Mumbai, dated the 15th January, 2009

STANDING ORDER

All Assistant Registrars,

Subject: Dealing in foreign currency by dealers in foreign currency under the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000, regarding.

In exercise of the powers conferred by section 9 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000), the Finance Department, Government of Maharashtra hereby issues the following Standing Order for the guidance of all officers subordinate to it:

1. References have been received seeking clarification on the manner in which section 9 applies to dealing in foreign currency by dealers in foreign currency.

2. The matter has been examined. Every dealer in foreign currency carrying on dealing in foreign currency shall make an application in Form E to the Banking Ombudsman within seven days, accompanied by a fee of two thousand rupees.

3. The Assistant Registrar shall ensure that statement of account is dealt with as directed above, and shall report compliance to the Banking Ombudsman within seven days.

4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Finance Department, Government of Maharashtra.

(Secretary to Government)

Made under

Recital: "In exercise of the powers conferred by section 9 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000), the Finance Department, Government of Maharashtra hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 2000 (Maharashtra Act 16 of 2000) [S2K-MP8]. Vires verified.

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