https://www.taxtmi.com/news?id=61620 The enforcement agency issued a fresh in person summons under the Foreign Exchange Management Act after the corporate chairman skipped a prior date and a virtual deposition was rejected. The FEMA inquiry concerns alleged siphoning of project funds from the Jaipur-Reengus highway through Surat based shell companies to Dubai and a broader international hawala network; this follows prior asset attachment under anti money laundering provisions and recorded statements from alleged hawala operators. en-us Fri, 14 Nov 2025 16:31:03 +0530 Fri, 14 Nov 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61620 The enforcement agency issued a fresh in person summons under the Foreign Exchange Management Act after the corporate chairman skipped a prior date and a virtual deposition was rejected. The FEMA inquiry concerns alleged siphoning of project funds from the Jaipur-Reengus highway through Surat based shell companies to Dubai and a broader international hawala network; this follows prior asset attachment under anti money laundering provisions and recorded statements from alleged hawala operators. News - Fri, 14 Nov 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=61620