ED Summons Shahrukh Khan Over Sale Of KKR Shares

27/10/2015 12:24 PM IST | Updated 15/07/2016 8:25 AM IST
Kolkata Knight Riders team co-owner and Bollywood star Shah Rukh Khan gestures during a press conference at his residence in Mumbai, India, Wednesday, May 30, 2012. Kolkata Knight Riders won the Indian Premier League (IPL) cricket title on Sunday, defeating two-time defending champion Chennai Super Kings by five wickets in a high-scoring final. (AP Photo/Rafiq Maqbool)

NEW DELHI -- The Enforcement Directorate (ED) has again issued summons to Shahrukh Khan in connection with the sale of shares of his IPL franchise Knight Riders Sports Pvt Ltd (KRSPL).

The franchise is owned by Shahrukh's company Red Chillies Entertainment, which is in partnership with actress Juhi Chawla and her husband Jay Mehta from the Mehta Group.

The case is from 2008, when KRSPL sold shares to Mehta- owned Sea Island Investment for 8-9 times below their original value.

Further details awaited.

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