PRESENTING
SPONSOR
Panasonic Logo
IN ASSOCIATION
WITH
TECHNOLOGY
PARTNER
IN ASSOCIATION
WITH
Monday, March 30, 2015| Latest E-book
You are here: Home » Topics » » Rajasthan Royals » Videos

COOPER STARS IN RAJASTHAN ROYALS VICTORY...07.04.12

Rajasthan Royals pay Rs 15 crore part-penalty in FEMA case to ED

Mar 18, 2015    

Jaipur IPL Cricket Pvt Ltd (JIPL),which owns Rajasthan Royals, has paid Rs 15 crore to theEnforcement Directorate as a part-payment of the Rs 100 crorepenalty imposed by the agency two years ago."ED received penalty of Rs 15 crore from Jaipur IPLCricket Pvt Ltd under FEMA," said an officer of the Centralagency.The Bombay High Court had directed JIPL to make a partpayment before starting the hearing of its petitionchallenging the ED order, he said.ED slapped the penalty in February 2013 on JIPL and itsforeign investors for the violation of Foreign ExchangeManagement Act.The foreign in...

Read More