Chaini Parwani
Published On: December 24, 2021 at 19:21 IST
Amazon.com Inc is taking Enforcement Directorate (ED) to Court, alleging to quash a Probe into one of its 2019 deals.
It was highlighted that ED has for months been Investigating Amazon’s $200 million investment in Future Group for suspected Infringement of Foreign Investment Laws.
Further on December 21, Amazon submitted in Delhi High Court that multiple Amazon executives, including its India head, had been summoned by the ED in recent weeks and the Probe had caused ‘unnecessary harassment’.
Furthermore, Amazon stated “The directions by the ED asking for disclosure of legally privileged documents and litigation privilege information is derogatory of the principles laid out in Indian Constitution.”
Amazon’s submission contained a Notification from the ED dated February 19 which pertained details of its investment in Future, including copies of Agreements, Bank Account details and other related Internal Communication.
The Notice also highlighted the wider Investigation conducted by the ED and that the ED asked details of big vendors on Amazon’s e-commerce website in India
The notice came in light after Amazon supported a few sellers to prosper on its Indian Platform, giving them discounted fees and using them to violate Foreign Investment Laws.