
Chinese firm Xiaomi’s plea challenging ED rejected by Karnataka HC
[ad_1] Bengaluru: Karnataka High Court has rejected Chinese firm Xiaomi’s plea against the seizure of Rs 5,551.27 crore from its bank accounts by the Enforcement Directorate (ED). A single-judge bench of Justice M. Nagaprasanna, on Friday, though dismissed the petition, upheld its maintainability. The Chinese technology company is facing charges of violations of the provisions…