Representation before the RBI

Dealings with the Reserve Bank arise on FEMA contraventions (which can be regularised through compounding), on NBFC registration and supervisory matters, and on assorted regulatory correspondence.

The firm prepares the application or response and represents you before the RBI.

RBI representation covers, including:

• FEMA compounding applications for contraventions
• NBFC registration queries and supervisory correspondence
• Regularisation of delayed FDI/ODI/ECB reporting
• Responses to RBI observations and clarifications
• Preparation of the application and the hearing

1. 01

   Assess the matter

   Identify the contravention or query and the route to resolve it.

2. 02

   Prepare

   Draft the compounding application or response with the supporting record.

3. 03

   Represent

   Appear before the RBI and make the submissions.

4. 04

   Close out

   Obtain the order and complete the regularisation.

PBT regularises RBI and FEMA matters and represents you.

• A clear route to regularise the contravention
• A well-prepared compounding application or response
• Representation before the RBI
• Joined up with your FEMA reporting
• Scope, deliverables, and fees agreed in writing up front

• What is FEMA compounding?

  A route to regularise a FEMA contravention — such as delayed FDI reporting — by applying to the RBI and paying a compounding amount, rather than facing penalty proceedings.

• Can you help with delayed FDI/ODI reporting?

  Yes. We regularise late reporting and, where a contravention has occurred, prepare and represent the compounding application.

• How long does it take?

  Compounding follows the RBI's process, typically a few months from application to order.