Delhi HC has refused to vacate the trial court’s order in the Huawei India case

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Delhi HC has refused to vacate the trial court’s order in the Huawei India case

The Delhi High Court refused to overturn the lower court’s (trial court’s) decision to overturn the I-T department’s lookout circular (LOC) against Huawei India CEO Li Xiongwei.

However, the Delhi High Court has added conditions to the trial court’s previous order. It has requested that Huawei India’s CEO make a fixed deposit (FD) of INR 5 Cr with a nationalised bank in India before travelling abroad. Furthermore, he (Huawei India’s CEO) has been ordered to participate in the I-T department’s investigation twice or else the FD will be forfeited.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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The Delhi High Court refused to overturn the lower court’s (trial court’s) decision to overturn the I-T department’s lookout circular (LOC) against Huawei India CEO Li Xiongwei.

However, the Delhi High Court has added conditions to the trial court’s previous order. It has requested that Huawei India’s CEO make a fixed deposit (FD) of INR 5 Cr with a nationalised bank in India before travelling abroad. Furthermore, he (Huawei India’s CEO) has been ordered to participate in the I-T department’s investigation twice or else the FD will be forfeited.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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