In September, 2025, Mr. Prakash Saha visited Atlanta as well as Athens and thereafter, London and Berlin on a month-long business trip, for which he…

In September, 2025, Mr. Prakash Saha visited Atlanta as well as Athens and thereafter, London and Berlin on a month-long business trip, for which he withdrew foreign exchange to the extent of USD 50,000 from his banker State Bank of India, New Delhi branch. In December, 2025 he further, withdrew USD 50,000 from SBI and remitted the same to his son Ravish Saha who was studying in Toronto, Canada. In the first week of January, 2026, he sent his ailing mother Mrs. Savita Saha for a specialised treatment along with his wife Mrs. Rashmi Saha to Seattle where his younger brother Pranav Saha, holder of Green Card, is residing. For the purpose of his mother's treatment and to help Pranav Saha to meet increased expenses, he requested his banker SBI to remit USD 75,000 to Pranav Saha's account maintained with Citibank, Seattle. In February, 2026, Mr. Prakash Saha's daughter Devi Saha got engaged and she opted for a 'destination marriage' to be held in August, 2026 in Zurich, Switzerland. While on a trip to Dubai in the last week of March, 2026, he again withdrew USD 35,000 to be used by him and Devi Saha for meeting various trip expenses including shopping in Dubai. Later, the event manager gave an estimate of USD 2,50,000 for the wedding of Devi Saha at Zurich, Switzerland. Which option do you think is the correct one in the light of applicable provisions of Foreign Exchange Management Act, 1999 including obtaining of prior approval, if any, from Reserve Bank of India since Mr. Prakash Saha withdrew foreign exchange on various occasions from his banker State Bank of India.