ED Withdraws Summons in Care Health ESOP Case

Imagine a company called Care Health gave special stock options to its boss, Rashmi Saluja.

The government is looking into whether this was done correctly.

The ED, a financial investigation agency, wanted to ask a lawyer, Arvind Datar, about his advice on these stock options.

But, the ED decided they didn't need to talk to him.

The lawyer said he shouldn't have to talk about the legal advice he gave because it's private information between him and his client.

The government is also checking if Care Health followed all the rules when they gave out these stock options and had them canceled by the IRDAI.