The Enforcement Direction has issued show cause notice against Knight Riders Sports Pvt Ltd (KRSPL) and Bollywood actor Shah Rukh Khan's wife Gauri Khan for allegedly violating foreign exchange rules. The agency issued the notice under the Foreign Exchange Management Act (Adjudication Proceedings and Appeal) Rules, 2000 in connection with the share sale of KRSPL, the franchise owned by Shah Rukh Khan's company Red Chilies Entertainment Pvt Ltd in partnership with actor Juhi Chawla and her husband Jay Mehta. If you get more entertainment just click here
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