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Notice To Flipkart, Its Founders, 9 Others Over Alleged Forex Violations Flipkart, its founders and 9 others have been issued notice by Enforcement Directorate over alleged forex violations. Updated: August 05, 2021 10:20 am IST Enforcement Directorate has issued notice to Flipkart and its founders over alleged forex violation Flipkart, its founders and nine others have been issued notice by Enforcement Directorate (ED) over alleged forex violations. They have been asked to explain why they should not face a penalty of Rs 10,600 crore for alleged violation of foreign investment laws. ED sources said that Flipkart violated Foreign Exchange Management Act (FEMA) rules while attracting foreign investments between 2009 and 2015.

Sachin bansalForeign exchange management actSoftbank groupNotice to flipkartWits foundersOver alleged forex violationsEnforcement directorateBinny bansalசச்சின் பன்சால்வெளிநாட்டு பரிமாற்றம் மேலாண்மை நாடகம்சாப்ட் பேங்க் குழுஅதன் நிறுவனர்கள்அமலாக்கம் இயக்குநரகம்பின்னி பன்சால்