Kar. HC Declines to Stay FEMA Authority's Confirmation Order on Seizure of Xiaomi's ?5551.27 Crores - 07.10.2022

Karnataka High Court has refused to grant interim relief to Xiaomi Technology India Private Limited against order passed by Competent Authority appointed under Foreign Exchange Management Act (FEMA), confirming order issued by Enforcement Directorate seizing Rs.5551.27 crores, of company.

Tags : Karnataka High Court Xiaomi FEMA

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