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The ED has alleged that the Bengaluru-based company, which is backed by Flipkart, violated existing FDI norms governing ...
The Delhi High Court on Wednesday sought Enforcement Directorate's (ED) response on a plea of Mohammad Aslam Wani, an alleged ...
The Directorate of Enforcement (ED) said it initiated action under Section 16(3) of the Foreign Exchange Management Act, 1999 ...
ED takes big action against Myntra, registers case under FEMA in alleged violation of FDI guidelines
The ED said that the complaint has been filed under Section 16(3) of the Foreign Exchange Management Act after the federal ...
ED alleges Myntra violated FDI norms by using a related party to convert wholesale transactions into retail sales, breaching FEMA conditions for group company sales ...
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The Enforcement Directorate has registered a FEMA case against Flipkart-backed Myntra and its affiliates for allegedly ...
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Bengaluru Zonal Office has filed a complaint u/s 16(3) of Foreign Exchange Management Act, 1999 (FEMA) against M/s. Myntra Designs Private Limited (Myntra) and its related companies and their ...
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This is in alleged violation of extant Foreign Direct Investment (FDI) guidelines, the Enforcement Directorate (ED) said.
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