Sachin Bansal

In 2020, Sachin Bansal's wife filed an FIR alleging, among other matters, dowry demands, violence and an allegation of sexual assault against her sister. Sachin obtained the quashing of the FIR by the Karnataka High Court. In July 2026, the High Court, in the matrimonial proceedings, recalled that these allegations had been 'obliterated' and upheld the divorce on grounds of cruelty.

State of the evidence

FIR, quashing order, Supreme Court proceedings and 2026 matrimonial judgment documented

Legal status — source text

FIR/complaint quashed by the Karnataka High Court in 2021; challenge before the Supreme Court unsuccessful according to the 2026 judgment; divorce on grounds of cruelty upheld

Attribution

Initially very serious personal allegations, ultimately rejected in the proceedings described

The ED initiated proceedings concerning possible FEMA/FDI violations in the structuring of Flipkart entities and foreign investment. Sachin Bansal sought to have the complaint and show-cause notice quashed.

State of the evidence

ED show-cause notice and court decisions documented

Legal status — source text

Administrative proceedings ongoing; review dismissed on 16 June 2026 without a decision on the merits

Attribution

Implicated in connection with his role as co-founder/director of the entities concerned

The RBI prohibited Navi Finserv and three other NBFCs from approving and disbursing new loans, citing excessive interest rates and pricing discrepancies relative to funding costs. Navi subsequently amended its processes.

State of the evidence

RBI order and lifting of the restriction documented

Legal status — source text

Ban on new lending effective from 21 October 2024; lifted on 2 December following remediation

Attribution

Navi was founded/promoted by Sachin Bansal; the measure targeted the entity, not him personally

The Indian tax authorities requested information from Sachin Bansal and Binny Bansal about their gains from the sale of Flipkart to Walmart and the timetable for paying advance tax on capital gains.

State of the evidence

Communication from the tax authorities documented

Legal status — source text

Information request and advance tax inquiry; no tax fraud established

Attribution

Personal responsibility as a shareholder selling shares and a taxpayer

Bengaluru police registered an FIR after C-Store accused Flipkart and its founders of withholding approximately 9.96 crore rupees relating to the supply of around 14,000 laptops and disputing the number of units returned.

State of the evidence

Police FIR and complaint documented

Legal status — source text

Investigation reported; no personal conviction found

Attribution

Sachin Bansal personally named alongside Binny Bansal and other executives