New Delhi, July 24 -- The Enforcement Directorate has filed a complaint under Foreign Exchange Management Act (FEMA) against online fashion retailer Myntra, affiliate companies, and its directors for alleged contravention of over Rs.1,650 crore, agency officials said on Wednesday while adding that the e-commerce platform was "actually carrying out multi-brand retail trading in the guise of wholesale cash and carry". The ED has been investigating several e-commerce platforms since 2014 for alleged violation of foreign direct investment (FDI) norms. India's foreign investment rules do not allow any foreign investment in multi-brand retail. That means foreign e-commerce companies are allowed to operate platforms, but not control the companies selling on the platforms (they can own a maximum of 25% of the equity of such companies, by Indian law) In a statement issued on Wednesday, the agency said : "ED, Bengaluru Zone, has filed a complaint under FEMA against Myntra Designs Private Limited (Myntra) and its related companies and their directors for contravention to the tune of Rs.1654,35,08,981 (Rs.1654.35 crore)". Myntra operates independently under Flipkart, which, in turn, is owned by US retail giant Walmart. A Myntra spokesperson said in a statement, "At Myntra, we are deeply committed to upholding all applicable laws of the land and operating with the highest standards of compliance and integrity. While we have not received a copy of the subject complaint and the supporting documents from the authorities, we remain fully committed to cooperating with them at any point of time."...