Delhi HC to Hear in January Amazon's Plea Challenging ED's Probe into Foreign Exchange Violation
3 years ago

Delhi HC to Hear in January Amazon's Plea Challenging ED's Probe into Foreign Exchange Violation

News 18  

New Delhi: The Delhi High Court on Thursday said it will hear in January a plea by Amazon challenging the jurisdiction of the Enforcement Directorate to investigate matters which are beyond its scope under the Foreign Exchange Management Act. Petitioners Amazon Wholesale Pvt Ltd and Amazon Seller Services Pvt Ltd challenged the jurisdiction of the Enforcement Directorate and its officers to investigate Amazon Wholesale Pvt Ltd in matters that are beyond the scope of power and remit of the agency under the FEMA. The plea said the two companies — Amazon Wholesale Pvt Ltd and Amazon Seller Services Pvt Ltd — are Indian resident entities and are challenging the investigation as it pertains to transactions that have no foreign exchange element. Various summons and emails have been issued to employees of Amazon Seller Services for a transaction which is completely unconnected with them, and seeking from them legal advice and privileged legal opinions that have been received from time to time by Indian subsidiaries of Amazon.com, it said The petition sought a direction to the ED to forthwith withdraw or cancel the February 2021 directive and all summons or proceedings commenced by the agency.

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History of this topic

Supreme Court To Hear Plea By CCI Seeking To Transfer Amazon, Flipkart Cases
Trending News
1 week, 5 days ago

Supreme Court To Hear Plea By CCI Seeking To Transfer Amazon, Flipkart Cases

Live Law  

The Supreme Court will soon consider the plea filed by the Competition Commission of India seeking the transfer of writ petitions filed challenging the probe against e-commerce giants Amazon and Flipkart. Attorney General for India, R Venkatramani today mentioned before the bench of CJI Sanjiv Khanna for hearing the transfer pleas before December 17 as then the Karnataka High Court …

Amazon, Flipkart's support for unfair business practices irks CCI, matter goes to Supreme Court
2 weeks ago

Amazon, Flipkart's support for unfair business practices irks CCI, matter goes to Supreme Court

India TV News  

Troubles for Amazon and Flipkart continue as they face significant legal challenges. The Competition Commission of India has recently taken action by filing a petition in the Supreme Court, accusing both companies of unfair business practices. If the court rules in favour of Amazon and Flipkart, it could slow down the CCI's ongoing investigations and set a precedent for future …

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases
Trending News
2 weeks, 1 day ago

India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

Live Mint  

* India's antitrust body seeks Supreme Court hearing on challenges in Amazon, Flipkart probe * Twenty-three legal challenges filed by Samsung, Vivo and vendors over investigation * Antitrust body says challenges aim to scuttle its investigation By Aditya Kalra NEW DELHI, Dec 9 - India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of …

ED likely to summon top Amazon, Flipkart executives over FDI rule violations
1 month ago

ED likely to summon top Amazon, Flipkart executives over FDI rule violations

India Today  

Top executives of e-commerce giants Amazon and Flipkart are under the scanner of the Enforcement Directorate over alleged violations of foreign investment regulations, sources have told India Today. The development follows extensive searches conducted by the ED at over 19 locations associated with vendors of Amazon and Flipkart across Delhi, Bengaluru, Mumbai, Hyderabad, and Panchkula. The ED's investigation stems from …

ED to start investigating Flipkart, Amazon's relationship with sellers
1 month ago

ED to start investigating Flipkart, Amazon's relationship with sellers

Firstpost  

The ED is scrutinising whether Amazon and Flipkart controlled vendors in ways that violate regulations, which mandate that these platforms operate purely as intermediaries and not as inventory-based businesses Nationwide searches were conducted earlier this month at 19 sites linked to prominent sellers of Amazon and Flipkart in New Delhi, Bengaluru, and Hyderabad. Image Credit: Reuters The Enforcement Directorate is …

ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report
1 month, 1 week ago

ED to question Amazon, Flipkart officials over alleged foreign investment law violations: Report

Live Mint  

The Enforcement Directorate of India will question Amazon and Flipkart officials as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, Reuters reported on Monday, November 11, citing a senior government source. The latest raids were triggered by Amazon and Flipkart's antitrust investigation findings, which said the platforms “had …

ED raids offices of Flipkart and Amazon sellers across India due to alleged violations of foreign investment rules
1 month, 2 weeks ago

ED raids offices of Flipkart and Amazon sellers across India due to alleged violations of foreign investment rules

India Today  

India’s financial crime agency, the Enforcement Directorate, has conducted raids on sellers associated with Amazon and Walmart-owned Flipkart, targeting alleged violations of the country's foreign investment rules. This latest probe follows findings from India’s antitrust body, which concluded that both Amazon and Flipkart, along with some of their sellers, violated competition laws by favouring specific sellers. This investigation marks yet …

ED raids 19 premises of ‘main’ sellers using Amazon, Flipkart platforms
1 month, 2 weeks ago

ED raids 19 premises of ‘main’ sellers using Amazon, Flipkart platforms

Hindustan Times  

NEW DELHI: The Enforcement Directorate on Thursday carried out searches at 19 premises linked to some “main” sellers using Amazon and Walmart-owned Flipkart platforms in connection with its probe into alleged violation of foreign investment rules, people familiar with the development said. The official underlined that the searches took place on premises linked to the “main vendors” of Flipkart and …

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe
Trending News
1 month, 2 weeks ago

ED raids offices of sellers using Amazon, Flipkart platforms in FEMA probe

The Hindu  

The Enforcement Directorate on Thursday conducted searches against some sellers who do business on e-commerce giants like Amazon, Flipkart as part of a Foreign Exchange Management Act investigation, official sources said. They said the action is related to the financial transactions being done by some of the “preferred” vendors and sellers who do business through Amazon and Flipkart like e-commerce …

Crackdown on Amazon and Flipkart vendors, ED conducts raids on 16 locations
1 month, 2 weeks ago

Crackdown on Amazon and Flipkart vendors, ED conducts raids on 16 locations

Hindustan Times  

The Enforcement Directorate on Thursday conducted searches against some sellers who do business on e-commerce giants like Amazon, Flipkart as part of a FEMA investigation, official sources said. Amazon, Flipkart vendors raided in FEMA probe Antitrust investigations conducted by the Competition Commission of India have found that Amazon and Flipkart violated local competition laws by giving preference to select sellers, …

Delhi High Court Commences Hearing In Amazon - Future Dispute
2 years, 9 months ago

Delhi High Court Commences Hearing In Amazon - Future Dispute

Live Law  

The Delhi High Court on Monday commenced hearing in a bunch of pleas pertaining to disputes between Amazon and Future Group, over the latter's deal with Reliance Retail.A single judge bench comprising of Justice C Hari Shankar is hearing a batch of petitions and appeals listed pursuant to the judgment dated 1st February, 2022 passed by the Supreme Court in …

Approach HC to go ahead with NCLT proceedings: SC to FRL
2 years, 10 months ago

Approach HC to go ahead with NCLT proceedings: SC to FRL

Hindustan Times  

The Supreme Court on Tuesday asked Future Group to approach the Delhi high court with its plea seeking continuation of proceedings before the National Company Law Tribunal to get final approval for the proposed $3.4 billion sale of its retail assets to Reliance. The top court refrained from examining the rival contentions of Future and Amazon on the aspect of …

Amazon- Future Disputes: Delhi High Court To Commence Hearing On February 24
2 years, 10 months ago

Amazon- Future Disputes: Delhi High Court To Commence Hearing On February 24

Live Law  

The Delhi High Court on Friday said that it will commence hearing in a bunch of pleas pertaining to disputes between Amazon and Future Group, over the latter's deal with Reliance Retail, on February 24. Recently, the The Supreme Court had set aside the orders dated 02.02.2021 and 18.03.2021 passed by a single judge of the High Court ordering coercive …

Supreme Court issues notice to Future group on Amazon plea against Delhi HC stay
2 years, 10 months ago

Supreme Court issues notice to Future group on Amazon plea against Delhi HC stay

The Hindu  

The Supreme Court on Wednesday decided to consider a plea by e-commerce giant Amazon against a Delhi High Court stay on proceedings before a Singapore arbitral tribunal against Future group's ₹ 24,500 crore proposed deal with Reliance. The Hindu podcast | The battle between Reliance and Amazon for the Future of Indian retail A three-judge Bench led by Chief Justice …

HC junks Future’s plea on arbitration with Amazon
2 years, 11 months ago

HC junks Future’s plea on arbitration with Amazon

The Hindu  

The Delhi High Court on Tuesday dismissed pleas by Future Group companies to direct the arbitration tribunal adjudicating on Amazon’s objections against their deal with Reliance, to decide on their termination applications first before continuing with the arbitration proceedings. Justice Amit Bansal noted the grievance of the Future Group was that in terms of the December 2021 orders of the …

Delhi High Court To Hear In January Amazon's Plea Challenging Enforcement Directorate's Jurisdiction To Investigate Matters Beyond It's Power Under FEMA
3 years ago

Delhi High Court To Hear In January Amazon's Plea Challenging Enforcement Directorate's Jurisdiction To Investigate Matters Beyond It's Power Under FEMA

Live Law  

The Delhi High Court will hear on January 5 next year, the plea filed by Amazon Wholesale India Private Limited India challenging the jurisdiction Directorate of Enforcement and its officers to investigate it in the matters beyond the scope of power of the ED under the Foreign Exchange Management Act.The plea which was listed for hearing today before a single …

Amazon challenges ED probe into 2019 deal with Future Group
3 years ago

Amazon challenges ED probe into 2019 deal with Future Group

India Today  

Amazon.com Inc is set to take the Enforcement Directorate to court over an ongoing investigation related to the US e-commerce giant’s 2019 deal with Future Group. On Wednesday, Amazon approached the Delhi High Court with an appeal to quash the ED investigation related to its $200 million investment in Future Coupons Private Limited. In the court filing, Amazon has called …

ED summons top management of Amazon and FCPL over their 2019 deal
3 years ago

ED summons top management of Amazon and FCPL over their 2019 deal

Op India  

The Enforcement Directorate has summoned the top management of Amazon Inc. and Future Coupons Pvt Ltd. for questioning and verification of documents in connection with their August 2019 deal. Amazon founded by Jeff Bezos has been opposing the proposed Rs 24,700 sale of assets of Future Retail to Mukesh Ambani led Reliance Industries Ltd, alleging breach of control. Amazon contested …

Amazon seeks to pause antitrust review of 2019 deal with India's Future Group: Report
3 years ago

Amazon seeks to pause antitrust review of 2019 deal with India's Future Group: Report

India Today  

Amazon.com Inc has asked India's Supreme Court to pause an expedited review of allegations that the U.S. firm concealed information while seeking antitrust clearance for a 2019 deal with India's Future Group, legal papers seen by Reuters showed. The Competition Commission of India in June accused Amazon of concealing facts and making false submissions when it sought approval for the …

Amazon spends Rs 8,546 cr in legal expenses during 2018-20 to maintain presence in India: Report
3 years, 3 months ago

Amazon spends Rs 8,546 cr in legal expenses during 2018-20 to maintain presence in India: Report

Firstpost  

Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India. US e-commerce giant Amazon, which is said to be investigating alleged bribes paid by its legal representatives in India, spent a staggering Rs 8,546 crore or $1.2 billion in legal expenses for maintaining a presence in …

CCI enquiry against Amazon, Flipkart cannot be crushed at initial stage: Karnataka HC
3 years, 5 months ago

CCI enquiry against Amazon, Flipkart cannot be crushed at initial stage: Karnataka HC

The Hindu  

E-commerce majors Amazon and Flipkart have lost their legal battle in the High Court of Karnataka as even a division bench has upheld the Competition Commission of India’s decision to conduct an investigation through its Director General into whether they had entered into anti-competitive agreements in violation of the provisions of the Competition Act 2002. Observing that the enquiry initiated …

Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon
3 years, 5 months ago

Walmart’s Flipkart says Indian probe shouldn’t treat it the same as Amazon

Live Mint  

NEW DELHI: Walmart's Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence against the two firms was "qualitatively different", Flipkart argued in a court filing seen by Reuters. Both Amazon and Flipkart have challenged the Competition Commission of India in court as they seek revocation of an Indian court's June decision …

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies
3 years, 6 months ago

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

The Hindu  

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc's Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said. The Competition Commission of India initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart promoted select sellers …

Karnataka HC allows CCI to investigate Amazon, Flipkart
3 years, 6 months ago

Karnataka HC allows CCI to investigate Amazon, Flipkart

The Hindu  

In a setback to e-commerce majors Amazon and Flipkart, the Karnataka High Court on Friday upheld the Competition Commission of India’s decision to conduct an investigation through its Director General into whether they had entered into anti-competitive agreements in violation of the provisions of the Competition Act 2002. The e-commerce companies had questioned the January 13 order of the CCI, …

Amazon asks Indian court to not resume antitrust probe
3 years, 8 months ago

Amazon asks Indian court to not resume antitrust probe

The Hindu  

Amazon.com Inc told an Indian court on Thursday a Reuters special report into thee-commerce giant's business practices should not be considered as evidence, as India's competition watchdog sought to lift an injunction on an anti-trust probe. The Reuters report showed the U.S. firm gave preferential treatment to a small group of sellers on its platform, sidestepping foreign investment rules meant …

Delhi HC ask if Amazon, Future open to resolve issue relating to Reliance deal
3 years, 10 months ago

Delhi HC ask if Amazon, Future open to resolve issue relating to Reliance deal

Hindustan Times  

The Delhi High Court Monday sought to know whether US-based e-commerce giant Amazon and Kishore Biyani led Future Retail Ltd were open to resolving the issue arising out of ₹24,713 crore deal between FRL and Reliance Retail. The court was hearing a plea by Amazon seeking direction to order enforcement of the award by Singapore's Emergency Arbitrator restraining FRL from …

Amazon faces ED probe for alleged violation of the foreign exchange laws and rules of the country
3 years, 10 months ago

Amazon faces ED probe for alleged violation of the foreign exchange laws and rules of the country

Firstpost  

A probe has been launched against e-commerce and tech giant Amazon by the ED for being accused of an alleged violation of the foreign exchange laws and rules of the country. The investigation is being carried out under various provisions of the Foreign Exchange Management Act after the central probe agency recently received a notification from the Ministry of Commerce. …

ED Initiates Probe Against Amazon Under Foreign Exchange Management Act
3 years, 10 months ago

ED Initiates Probe Against Amazon Under Foreign Exchange Management Act

News 18  

The Enforcement Directorate has initiated a probe against e-commerce giant Amazon for alleged violation of the foreign exchange law and rules of the country, official sources said on Thursday. The probe is being conducted under various sections of the Foreign Exchange Management Act after the central probe agency recently received a communication from the Commerce Ministry seeking “necessary action” against …

Hearing of Flipkart, Amazon case resumes
3 years, 11 months ago

Hearing of Flipkart, Amazon case resumes

Live Mint  

Karnataka high court on Monday said it will begin daily hearing of the case between the Competition Commission of India and India’s two biggest online retailers Flipkart and Amazon on Wednesday, two people aware of the development said. CCI had approached the high court in December to vacate a stay issued by the court in February 2020 on a probe …

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA
3 years, 11 months ago

Govt to Asks ED, RBI to Take Action Against Amazon, Flipkart on Violation of FDI Policy, FEMA

News 18  

In a significant development related to disputes between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders for blatant violation of FDI Policy and Foreign …

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations
3 years, 11 months ago

Centre Directs ED, RBI to Act Against Amazon and Flipkart for FDI, FEMA Violations

News 18  

In a significant development related to war between e-commerce giants and traders of India, the Union Government has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against Amazon and Walmart-owned-Flipkart. The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders alleging blatant violation of FDI Policy and Foreign …

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders
4 years ago

CAIT seeks strict action against Amazon in letter to ED, claims predatory pricing caused misery to small traders

Firstpost  

The traders’ body claimed that despite the constant violations, no action has been taken against Amazon because of which 7 crore traders in India are feeling cheated and left out New Delhi: Traders’ body CAIT on Sunday said it has written to the Enforcement Directorate seeking “strict action” against Amazon, claiming that the e-commerce major has caused “misery” to small …

Delhi HC to continue hearing Future Retail-Amazon case on Reliance deal today
4 years, 1 month ago

Delhi HC to continue hearing Future Retail-Amazon case on Reliance deal today

Live Mint  

New Delhi: The Delhi high court on Thursday will continue hearing arguments by Future Retail Limited and Amazon on the former’s plea seeking to restrain the US e-commerce company from approaching regulatory bodies such as the Competition Commission of India against the retailer’s deal with Reliance's retail arm. On the last date of hearing, senior advocate Harish Salve appearing for …

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges
4 years, 1 month ago

Traders' Body Accuses Amazon of Violating FDI Policy, Writes to Piyush Goyal; Company Denies Charges

News 18  

Traders' body CAIT on Wednesday accused e-commerce major Amazon of violating FDI policy and Foreign Exchange Management Act norms, a charge which the multinational company denied. The traders' body in a letter to Commerce Minister Piyush Goyal alleged that the online retailer has not sought the government's approval for conducting multi-brand retail activities in India and demanded action and imposition …

Amazon faces new antitrust challenge from Indian online sellers
4 years, 3 months ago

Amazon faces new antitrust challenge from Indian online sellers

The Hindu  

A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. company favours some retailers whose online discounts drive independent vendors out of business, a legal filing seen by Reuters showed. India tightened regulations last year to deter steep discounts, but small sellers still say Amazon uses complex business structures to …

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