Xiaomi Challenges Karnataka HCās Order in INR 5,551 Cr Seizure Case
Navigating Legal Turbulence – Xiaomi’s Battle Against INR 5,551 Cr Seizure in Indian Courts Introduction: In a recent legal development, Chinese smartphone giant Xiaomi is contesting the seizure of INR 5,551 Crores (approximately $676 million) by Indian authorities. The company is challenging the Enforcement Directorate’s (ED) move, citing violations of FEMA (Foreign Exchange Management Act) … Read more