India Foreign Trade Policy Chapter »  1A 1B 1C 2 3 4 5 6 7 7A 8 9
 
Chapter - 7
Clause - 7.6

Legal Undertaking

The unit shall execute a legal undertaking with the Development Commissioner concerned and in the event of failure to achieve positive foreign exchange earning it shall be liable to penalty in terms of the legal undertaking or under any other law for the time being in force.

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