Flipkart Co-Founder Sachin Bansal moves Madras High Court against ED notice alleging FDI violation

Bansal has registered grievance over the inordinate delay in issuing the ED notice, which is stated to have been received by him on August 5, 2021, despite the matter dating back to 2012-13.
Sachin Bansal, Madras High Court
Sachin Bansal, Madras High Court

Sachin Bansal, one of the co-founders of e-commerce platform Flipkart, has moved the Madras High Court to quash a notice issued by the Enforcement Directorate (ED) in connection with allegations of FDI policy violations dating back to 2009-14 (Sachin Bansal v. The Directorate of Enforcement and ors)

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