Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases  ||  SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension  ||  SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace  ||  SC: Women’s Representation Requirement Applies to All Bar Associations in Gujarat  ||  SC: Contempt Power isn’t Judges’ Personal Shield nor a Tool to Silence Legitimate Criticism  ||  SC: Statutory Corporation Can Deduct under S.36(1)(viii) Only for Income from Long-Term Finance  ||  NCLT Kolkata: Costs for Compromise or Arrangement Scheme not Part of Liquidation Expenses  ||  NCLT Ahmedabad: Complaints Against Auditors or Company Secretaries Not Grounds for Company Probe  ||  SC: NCLT Can Forfeit Entire Deposit if Purchaser Defaults on Payment for Liquidation Assets  ||  Meghalaya HC: Non-Signatory or Non-Existent LLP Cannot Claim Arbitration via Group of Companies    

Kar. HC Rejects Xiaomi India’s Plea Challenging Seizure Of ?5551.27 Crore by ED - (24 Apr 2023)

FEMA

Karnataka High Court while upholding the constitutional validity of Section 37A FEMA Act stating that it does not suffer from any manifest arbitrariness, has rejected petition by Xiaomi India challenging order confirming seizure of Rs.5,551.27 crores of the company by Enforcement Directorate (ED).

Tags : KARNATAKA HIGH COURT   FEMA   XIAOMI INDIA   SEIZURE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved