Search For "fema violation"
ED questions Hiranandani Group MD in FEMA violation case
Updated : 2 years, 3 months ago IST
Niranjan Hiranandani, Managing Director of Hiranandani Group, was questioned by the Enforcement Directorate (ED) on Monday in a case related to alleged violation of the Foreign Exchange Management Act (FEMA).
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In filing with exchanges Paytm denies report of FEMA case against company
Updated : 2 years, 3 months ago IST
One 97 Communications Limited, the company that operates the fintech company Paytm today issued a clarification to the BSE and the NSE on certain news reports that had suggested that there was a FEMA (Foreign Exchange Management Act) violation case registered by the Directorate of Enforcemen
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ED issues show cause notice to Byjus over FEMA violations worth over Rs 90
Updated : 2 years, 6 months ago IST
The Enforcement Directorate has issued show cause notices to Byjus for violations under the Foreign Exchange Management Act (FEMA) violations amounting to Rs 9362.35 crores.
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ED issues show-cause notices to Xiaomi, three banks for FEMA violation
Updated : 3 years ago IST
The Adjudicating Authority has issued show cause notices to Xiaomi Technology India Private Limited, its officials and three banks under section 16 of the Foreign Exchange Management Act on the basis of a complaint filed by the Enforcement Directorate (ED) with respect to illegal remittances
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ED crackdown on online gaming companies: Rs 4000 crore sent abroad illegal
Updated : 3 years ago IST
Enforcement Directorate (ED) on Wednesday carried out search and seizure operations at 25 premises in a FEMA violations case lodged against foreign registered Online Gaming companies and websites operating in India.
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ED raids Chinese company in Bengaluru for FEMA violation
Updated : 3 years, 1 month ago IST
The company provides online education in the name of Odaclass. During the search, it was revealed that the company is wholly owned by Chinese nationals. The company is part of a group consisting complex web of entities having ultimate controlling company in Cayman Island, according to the pr
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Xiaomi executive skips ED questioning, seeks more time to join investigati
Updated : 4 years, 1 month ago IST
New Delhi [India], April 13 (ANI): Chinese mobile company Xiaomi global vice president Manu Kumar Jain on Wednesday could not appear before the Enforcement Directorate (ED) for questioning and requested more time to join the investigation.
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FEMA violation: ED issue show cause notice to promoters of Transcorp ltd.
Updated : 4 years, 2 months ago IST
New Delhi [India], April 1 (ANI): Enforcement Directorate (ED) has issued a Show Cause Notice to Transcorp International Limited and its promoter director Ashok Kumar Agarwal and Managing Director Gopal Krishan Sharma in connection with the violation of Foreign Exchange Management Act (FEMA)
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Amazon seeks relief from clarification on "unnecessary" summons for ED inv
Updated : 4 years, 5 months ago IST
New Delhi [India], December 23 (ANI): Amazon has filed a writ petition against Enforcement Directorate (ED) in Delhi High Court seeking clarification on "unnecessary" summons to its employees and questioning the scope of its investigation in alleged FEMA violation in the Future Group deal.
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ED seizes Rs 106.93-cr of Chinese controlled firm in FEMA violation
Updated : 4 years, 9 months ago IST
New Delhi [India], August 26 (ANI): The Enforcement Directorate (ED) has seized an amount of Rs 106.93 crore lying in bank accounts and virtual accounts with payment gateways belonging to Chinese controlled firm PC Financial Services Private Limited (PCFC) on charges of violating Foreign Exc
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ED arrests Vadra's aide Thampi for FEMA violations
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 20 (ANI): The Enforcement Directorate (ED) on Monday arrested CC Thampi of Holiday Group, a "close aide" of Congress President Sonia Gandhi's son-in-law Robert Vadra, for acquiring agricultural land by allegedly circumventing laws concerning Foreign Exchange Managem
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Edelweiss Financial spurts by 4 pc after denying FEMA violations
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): The share price of Edelweiss Financial Services rose by nearly four per cent on Monday afternoon after the company clarified that it has no relationship with Capstone Forex Pvt Ltd and all allegations of Foreign Exchange Management Act (FEMA) viola
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