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Enforcement Directorate aims to end legacy FERA cases by early 2026

The Enforcement Directorate is set to close hundreds of old cases filed under the Foreign Exchange Regulation Act. These cases, some dating back decades, will be fast-tracked for closure. The agency aims to complete this process by the first quarter of 2026. This move will end long-standing litigation and clear legacy cases. The FERA was replaced by FEMA in 1999.

14 Dec 2025 5:42 pm