Relief for Alibaba: HC directs govt to defreeze e-commerce giant’s bank accounts
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In a major relief for Alibaba, the Bombay High Court (HC) has directed the state to defreeze the accounts of two of the ecommerce giant’s firms in connection with a cheating case. These two companies include Alibaba Cloud (India) and Alibaba Ecommerce India. The verdict comes weeks after Alibaba approached the HC seeking relief in the matter.