The Delhi High Court has stayed the proceedings against e-commerce giant Flipkart in a case related to an alleged violation of the Foreign Exchange Management Act (FEMA). Background: The Enforcement Directorate (ED) had issued a show-cause notice to Flipkart, alleging that the company had violated FEMA by indulging in foreign exchange transactions without the necessary permissions. Parties: The petition was filed by Flipkart against the ED. Legal issues: The court was asked to decide whether the ED had the jurisdiction to investigate the alleged violations. Court observations: The court observed that the ED had not followed the proper procedure while issuing the show-cause notice and stayed the proceedings. Significance: The order is significant as it highlights the importance of following proper procedures in investigations and the need for regulatory bodies to respect the rights of companies.