Karnataka HC questions ED over 12-year delay in FEMA case against Cafe Coffee Day CEO Malavika Hegde

Economic Times - Oct 6, 2026

The Karnataka High Court on Tuesday questioned the Enforcement Directorate over initiating FEMA proceedings against Cafe Coffee Day CEO Malavika Hegde more than 12 years after the transactions under scrutiny. The court examined whether such action was permissible after an unreasonable delay and extended interim protection against the proceedings.

Read full article
More News
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.