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FEMA violation notice: Plea by Flipkart owners dismissed
The New Indian Express Chennai
|February 02, 2025
Petitioners did not avail alternative remedy: HC
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THE Madras High Court has dismissed the petitions filed by the owners of the e-commerce platform Flipkart challenging the complaint and the notices issued by the Enforcement Directorate over violations of the Foreign Exchange Management Act (FEMA) and the Transfer or Issue of Security by a Person Resident Outside India Regulations (TISPRO) over receiving foreign direct investments (FDI) and issuing of equity shares.
Diese Geschichte stammt aus der February 02, 2025-Ausgabe von The New Indian Express Chennai.
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