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RBI issues compounding order for FEMA violations in Myntra Designs case

RBI composes a ₹2.88 lakh compounding order for Myntra Designs over FEMA violations, following ED's no objection.

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economictimes.indiatimes.com

thehindu.com

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thehindu.comStai leggendo3 mesi fa

RBI issues compounding order for FEMA violations in Myntra Designs case

RBI composes a ₹2.88 lakh compounding order for Myntra Designs over FEMA violations, following ED's no objection.

originale

economictimes.indiatimes.com3 mesi fa

FEMA case against Myntra closed following compounding: ED

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no objection, allowing the e-commerce platform to settle alleged FEMA contraventions…

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Timeline cronologica

giovedì 4 giugno 2026·economictimes.indiatimes.com
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigation
The Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the RBI compounding certain Foreign Exchange…
giovedì 4 giugno 2026·thehindu.com
RBI issues compounding order for FEMA violations in Myntra Designs case
RBI composes a ₹2.88 lakh compounding order for Myntra Designs over FEMA violations, following ED's no objection.

RBI issues compounding order for FEMA violations in Myntra Designs case

FEMA case against Myntra closed following compounding: ED

Timeline cronologica

RBI clears Myntra's FEMA violations after penalty payment; ED closes investigation

RBI issues compounding order for FEMA violations in Myntra Designs case

FEMA case against Myntra closed following compounding: ED