ED summons Shah Rukh Khan in IPL-related FEMA violation case

July 20, 2017 19:36

The Enforcement Directorate has issued a notice to actor Shah Rukh Khan and others for an Indian Premiere League Foreign Exchange Management Act violation adjudication case.

The ED has started adjudication proceeding against Shah Rukh Khan in the case.

An Economic Times report said, 'The summon is in connection with the case pertaining to the sale of some shares of Knight Riders Sports Private Limited (KRSPL) to a Mauritius-based firm at a cost lower than their actual value. The sale has resulted in a loss of Rs 73.6 crore.'

More details awaited. -- PTI, Agencies

« Back to LIVE

TOP STORIES

Locals' lament in Dibrugarh: Infra push but no jobs

'It feels like Assam is good just as a tourist spot and not a place to earn and live.'

'It was my dream to sweep Bumrah'

MI's spearhead overstepped in the 13th over and the 25 year old PBKS batter dropped down on one knee and swept Bumrah for a maximum.

Firing incidents reported as violence-hit Manipur votes

At Thamnapokpi under Moirang constituency in Bishnupur district, armed men fired several rounds in the air near a polling booth prompting voters to flee, police said on Friday, adding additional security personnel were rushed to the spot...

Former Pakistan players question Imad Wasim's omission

Imad Wasim's omission has been questioned by former players after the all-rounder was left out of Pakistan team for the first T20I against New Zealand, having come out of retirement to play international cricket again.

Love Sex Aur Dhokha 2 Review: Black Mirror For The Digital Age

There is startling accuracy to Dibakar Banerjee's portrayal, notes Sukanya Verma.