Fema Notice
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Paytm gets Rs 611 crore show cause notice from ED for violating FEMA rules
Business | Mar 02, 2025, 07:22 AM ISTED notice to Paytm: Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.
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ED issues look-out notice against Byju's founder Raveendran over FEMA violations
Business | Feb 22, 2024, 12:05 PM ISTIn an attempt to convince stakeholders, BYJU'S Founder and CEO Byju Raveendran wrote a letter to them, saying, "We have built this company together and I want us all to participate in this renewed mission."
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FEMA violation: HC reserves verdict on Xiaomi plea challenging ED’s order to seize Rs 5,551 crore
Business | Nov 17, 2022, 11:13 PM ISTFEMA violation: Rs 5,551 crore in bank accounts belonging to Xiaomi was seized after ED's order on irregularities found.
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Forex violation case: ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart, its founders
Business | Aug 05, 2021, 11:47 AM ISTProceedings under the FEMA are civil in nature and the final penalty, post adjudication, can be at least three times the amount contravened under the law.
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IPL 2009: ED slaps Rs 121 crore penalty on BCCI, others for violation of FEMA law
Cricket | Jun 01, 2018, 12:13 AM ISTThe ED was investigating the case for the alleged contravention of the Foreign Exchange Act (FEMA) in transferring over Rs 243 crore out of the country to host the 2009 Indian Premier League edition in South Africa.
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IPL 2nd edition: ED issues FEMA notices to 4 IPL teams
Cricket | Mar 03, 2015, 11:57 AM ISTMumbai: The Enforcement Directorate (ED) has issued show-cause notices to four IPL teams in connection with a foreign exchange violation case during the second edition of the T-20 cricket extravaganza of IPL in South Africa