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Vivo Vs ED: Vivo Moves To Delhi HC Against Freezing Of Bank Accounts By ED | Breaking News
Posted
July 8, 2022
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1:51Now PlayingAs per the latest breaking news coming on Mirror Now regarding ED raids on Vivo India, it is being reported that mobile manufacturing company Vivo has moved to Delhi High Court to challenge the freezing of bank accounts by the Enforcement Directorate (ED).
As per sources, the Delhi High Court has also permitted the request for an urgent hearing. The ED is said to have seized around 119 bank accounts. As per ED, Vivo India has remitted Rs 62,476 crores which is almost 50% of its turnover to China in order to avoid payment of taxes in India.
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#vivo #ed #breakingnews
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