He admitted that the foreign subsidiaries were incorporated to circumvent the restriction imposed by Indian regulations.

(Photo: The Quint)

(Photo: The Quint)

(Photo: The Quint)

All of them met us in their offices in these cities.

NDTV has gone to court to prove it wrong. The case is being heard in the Income Tax Appellate Tribunal and stay has been granted. NDTV is confident of winning – because, once again, there are documents to prove all laws were complied with and all dues paid.

To view all the documents please go to web link below.

For more on this story go to: https://www.thequint.com/business/2016/12/28/did-ndtv-violate-fdi-laws-to-set-up-its-entertainment-ventures-prannoy-roy-netherlands-offshore-accounts