The Directorate of Enforcement (ED) has alleged a slew of violations under the foreign exchange law, including failure to submit crucial documents in time as well as realize export proceeds, by Byjus parent Think & Learn, apart from holding founder Byju Raveendran responsible.
ET on November 21 reported online that ED confirmed issuing showcase notices for alleged violations of the Foreign Exchange Management Act (Fema) amounting to Rs 9,362 crore by Think & Learn and Raveendran.
The Kerala High Court on Friday granted permission to the Enforcement Directorate (ED) to issue fresh summons to Kerala Infrastructure Investment Fund Board (KIIFB), and former Minister, Dr. T.M..
India Business News: The Enforcement Directorate (ED) on Tuesday issued show-cause notice to Byju's for allegedly violating foreign exchange rules amounting to Rs 9000 cro