Before the big crazy cricket mania season, IPL, the KKR promoters are fishing into the troubled waters for their team. <br />Well, the Enforcement Directorate (ED) has issued a show cause notice to IPL team Kolkata Knight Riders (KKR) promoters, Shah Rukh Khan, his wife Gauri and actor Juhi Chawla for violating Foreign Exchange Manage Act (Fema) rules.<br />Reportedly, the KKR team promoters sold their shares in the company to a Mauritius-based company at lower prices in 2009, that caused Rs 73.6 crore foreign exchange loss to the government. <br />The Mauritius-based company, The Sea Island Investment Ltd (TSIIL), was owned by Jay Mehta, husband of Juhi Chawla.<br />However, the amount of penalty for violating Fema rules will be decided accordingly after the appearance of the promoters in their final hearing within two weeks.<br />Moreover, the maximum penalty in the case will be three times the loss amount.<br />Well, we wonder in the coming future how many cases like this will come into the limelight.<br />
