(a) whether the Enforcement Directorate has completed
its investigations against ITC and Shaw Wallace for
violation of FERA;
(b)if so, the details of findings; and
(c)the action taken by Government for the recovery of
money by the both
company?
(a) whether the Enforcement Directorate has completed
its investigations against ITC and Shaw Wallace for
violation of FERA;
(b)if so, the details of findings; and
(c)the action taken by Government for the recovery of
money by the both
company?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI GINGEE N. RAMACHANDRAN)
(a) The investigations against ITC are complete.
In the case of Shaw Wallace some minor investigations
are pending.
(b) Show Cause Notices issued to I.T.C and Shaw
Wallace are under adjudication.
(c) Such action depends on the outcome of the
adjudication proceedings.