Delhi HC allows Vivo entities to operate frozen bank accounts on conditions
Justice Yashwant Varma also directed the companies to provide the complete details in this regard to the ED in every 48 hours.
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Justice Yashwant Varma also directed the companies to provide the complete details in this regard to the ED in every 48 hours.
'Will verify that balances are maintained as they stood on the date of search'
The Delhi High Court on Monday permitted 14 entities of Chinese smartphone maker Vivo to operate their frozen bank accounts on a condition of maintaining bank accounts' balances, which were shown during the Enforcement Directorate (ED) search ...
The high court said these entities shall also give details to ED about their remittances made from the frozen bank accounts after every 48 hours, , chinese companies, delhi high court