The carrier also faces allegations of previous irregular transactions within the airline.
India’s Economic Times has reported the Enforcement Directorate in Mumbai has summoned executives of AirAsia India as part of a preliminary investigation to examine issues of whether its management is controlled by its Malaysian parent.
The carrier also faces allegations of previous irregular transactions within the airline.
"A case has been registered on violation of the Foreign Exchange Management Act (FEMA) 1999," said a senior official at the Enforcement Directorate.
Malaysian low fare carrier AirAsia Berhad and Tata Sons own 49% each in the airline. The remaining two percent is owned by chairman S Ramadorai and director R Venkataramanan.
An AirAsia India spokesperson said the airline hasn't received any official communication from the Directorate.