... investment and a related party, WS Retail, sold then goods to consumers on its website, which was prohibited under law.
A so-called show cause notice was issued by the agency in the southern city of
in early July to
, its founders
as well as current investor Tiger Global, to explain why they cannot face a fine of 100 billion rupees for the lapses, said the agency official and the sources who are familiar with the contents of the notice.