foreign exchange management act
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Karnataka HC asks Google to deposit 50% of penalty by ED in FEMA case
Last month, justices V Kameswar Rao and S Rachaia ordered Google and its officials to submit a bank guarantee while allowing an ED petition.
Updated on Apr 16, 2025 04:49 AM IST
Ayesha Arvind, Bengaluru
HC directs Google India to provide 50% of forex penalty in bank guarantees
The case pertains to alleged violations of section 6(3)(d) of FEMA, involving transactions worth ₹364 crore.
Published on Apr 15, 2025 12:46 PM IST
PTI | | Posted by Anagha Deshpande
L2: Empuraan producer's offices searched by ED in alleged FEMA violation case
The businessman's offices in Kerala and Tamil Nadu were inspected, soon after the film “L2: Empuraan” sparked a political row.
Updated on Apr 04, 2025 12:11 PM IST
FEMA Case: ED seizes ₹22-cr worth of immovable assets of Rana Sugars
The Enforcement Directorate has seized immovable properties worth ₹ 22.02 crore of Rana Sugars Limited under section 37A of the Foreign Exchange Management Act (FEMA), 1999, for holding foreign exchange outside India.
Published on Apr 04, 2025 09:22 AM IST
HT Correspondent, Jalandhar
Paytm, 2 subsidiaries receive notice for FEMA violations worth ₹611 crore
Paytm-parent One 97 Communications revealed information about the show-cause notices via a disclosure to the exchanges.
Updated on Mar 02, 2025 10:48 AM IST
Ashley Paul