After Rajesh Exports: What Foreign Counsel Can Now Win Offshore
The Flashpoint On 3 June 2026, SEBI issued a 109-page interim ex-parte order against Rajesh Exports and its promoter-chairman, alleging that approximately INR 15.15 lakh crore ( $16.3m) which is about 99.8% of the revenue the company attributed to its subsidiaries between FY21 and FY25, was misrepresented. SEBI’s probe exposes a distinct jurisdictional trap: the […]