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ED drops FEMA probe against Myntra after ₹2.88 lakh settlement

ED closes FEMA investigation against Myntra after a ₹2.88 lakh settlement, ending probe into foreign exchange violations.

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thehindubusinessline.com

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thehindubusinessline.comStai leggendo3 mesi fa

ED drops FEMA probe against Myntra after ₹2.88 lakh settlement

ED closes FEMA investigation against Myntra after a ₹2.88 lakh settlement, ending probe into foreign exchange violations.

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·thehindubusinessline.com
ED drops FEMA probe against Myntra after ₹2.88 lakh settlement
ED closes FEMA investigation against Myntra after a ₹2.88 lakh settlement, ending probe into foreign exchange violations.

ED drops FEMA probe against Myntra after ₹2.88 lakh settlement

FEMA case against Myntra closed following compounding: ED

Timeline cronologica

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

ED drops FEMA probe against Myntra after ₹2.88 lakh settlement

FEMA case against Myntra closed following compounding: ED

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