Shah Rukh, Juhi Chawla issued ED notice over FEMA violation
The Enforcement Directorate has issued show cause notices to Kolkata Knight Riders' owners Shah Rukh Khan, wife Gauri and partner Juhi Chawla for violating the Foreign Exchange Management Act. The KKR shares sold to a Mauritius-based company owned by Chawla's husband, Jay Mehta, were undervalued, it claimed. The agency has alleged a â¹73.6 crore foreign exchange loss over the sale.