Shekhar Suman’s associate faces ED action in FEMA case

The Enforcement Directorate has taken action against Kalanee Impex Pvt Ltd and its director Dharmesh Sangani, an associate of Bollywood actor Shekhar Suman, for alleged violations under the Foreign Exchange Management Act (FEMA). Officials claim Sangani's company is under scrutiny for undisclosed foreign assets and bank accounts, as well as improper handling of export proceeds. This investigation highlights the ED's focus on combating financial fraud and illegal foreign transactions, which is crucial for maintaining the integrity of India's foreign exchange regulations.