FEMA VIOLATIONS

  • ED arrests Mumbai's Lilavati Hospital promoter Kishor Mehta over FEMA violation November 26, 2014

    Mumbai: Enforcement Directorate (ED) arrested promoter of Mumbai-based Lilavati hospital, Kishor Mehta on Wednesday morning at 7 AM on charges of Foreign Exchange Management Act (FEMA) violation. ED officials say he had made a series of foreign transactions amounting to around 20 million dollars. The transactions indicated foreign exchange violation....
  • ED slaps Rs 100 crore notice on Rajasthan Royals February 4, 2013

    Mumbai: A day after the player auctions for Indian Premier League Season 6, the Enforcement Directorate has slapped a notice of Rs 100 crore on the Indian Premier League franchise Rajasthan Royals over alleged violations of the Foreign Exchage Management Act (FEMA). This came after the ED found that the foreign...
  • SC asks Chandraswami to deposit Rs 25 lakh June 15, 2011

    New Delhi: The Supreme Court on Wednesday directed selfproclaimed godman Chandraswami to deposit Rs 25 lakh within a week as the first tranche of penalty in several FEMA violation cases registered by the Enforcement Directorate. A vacation bench of justices B S Chauhan and Swatanter Kumar directed Chandraswami and his associate...
  • Court allows Adnan Sami to travel abroad June 7, 2011

    Mumbai: In a reprieve to noted Pakistani singer Adnan Sami, the Bombay High Court on Tuesday allowed him to travel abroad whenever he wishes to till the end of the trial against him under the FEMA. The court while hearing an appeal filed by the singer...
  • MP IAS couple violates FEMA, gets ED notice January 21, 2011

    Bhopal: The Enforcement Directorate on Thursday served notices to tainted IAS couple Tinoo and Arvind Joshi for allegedly violating the Foreign Exchange Management Act. A case has also been registered under directions of the Lokayukta. It wasn't just the currency notes that were recovered from the home of senior IAS...
  • ED notice to MP IAS couple for FEMA violations January 20, 2011

    New Delhi: The Enforcement Directorate on Thursday served a notice to tainted Madhya Pradesh IAS couple Tinu and Arvind Joshi for alleged violation of the Foreign Exchange Management Act (FEMA). The move comes after the submission of a 7,000page appraisal report by the Income Tax department to Madhya Pradesh Chief Secretary...