New Delhi, The Enforcement Directorate on Monday mentioned it has issued a Rs 611 crore present trigger discover to Paytm’s dad or mum firm and linked entities for “contravention” of the FEMA on varied counts. The discover has been issued by a particular director of the federal company earlier than the initiation of adjudication proceedings….
NEW DELHI: The Enforcement Directorate (ED) has issued a show-cause discover to One97 Communications, the father or mother firm of Paytm, over alleged violations of the International Alternate Administration Act (Fema) in transactions amounting to Rs 611 crore.The discover, dated Feb 27, cited alleged contraventions between 2015 and 2019 associated to Paytm’s acquisition of two…
