Currently, the decision to cancel a trade lies within the discretion of top exchange management and federal regulators. (etf.com)
In fact, my career in law has coincided with major developments in commercial laws that India has seen, be it economic liberalisation in 1991; introduction of Foreign Exchange Management Act in 1999; industrial delicensing; de-regulation of the industrial sector; public sector policy; abolition of MRTP Act; introduction of the new Companies Act in 2013; the passage of Real Estate Regulation Act 2016, and more. (lawyer-monthly.com)
As a NRI, one can not hold Domestic Savings Account, this is violation of Foreign Exchange Management Act [FEMA]. (money.stackexchange.com)