Archive · 23 Jul 2025

ED Files Complaint Against Myntra for FDI Contravention

ED Files Complaint Against Myntra for FDI Contravention

Imagine a big online store, Myntra, is being looked at by the government.

They think Myntra might have broken some rules about how they handle money from other countries.

The government believes Myntra wasn't selling things the right way and that they might have tried to avoid some rules.

They investigated and found that Myntra sold most of its products to another company that's connected to them.

The government says this may have broken the rules and that Myntra owes a lot of money.

Sources