NEWS

SRK summoned by ED for the third time

27th October 2015

Shah Rukh Khan has been summoned by the Enforcement Directorate (ED) for a third time in connection with the share sale of Knight Riders Sports Pvt Ltd (KRSPL), the franchise owned by his company Red Chillies Entertainment Pvt Ltd in partnership with actress Juhi Chawla and her husband Jay Mehta.

The matter is regarding a 2008 share transfer audited by an external firm in 2014. It stated that shares sold to Jay Mehta-owned Sea Island Investment were undervalued 8-9 times by Knight Riders Sports Pvt Ltd.

A source has this to say regarding the matter, "Khan had failed to appear in the earlier summons issued to him due to his busy shooting schedules. He is required to be present before the agency by first week of November."

 

 

Tags: Shah Rukh Khan,