ED to summon Amazon, Flipkart executives as regulatory scrutiny grows, ET LegalWorld
Representative Image India’s financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the ecommerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly […]
SC refuses to interfere in Linde India’s valuation amid related-party transaction scrutiny, ET LegalWorld
The Supreme Court on Monday refused to interfere with a valuation exercise being conducted on Linde India by a National Stock Exchange-appointed valuer in connection with a case relating to the industrial gases and engineering company’s related-party transactions. On September 13, the Securities Appellate Tribunal in an interim had rejected the company’s plea against the […]