Delhi HC allows Vivo entities to operate frozen bank accounts on conditions
Image Credit: FPJ
The Delhi High Court on Monday permitted 14 entities of Chinese smartphone maker Vivo to operate their frozen bank accounts on a condition of maintaining bank accounts' balances, which were shown during the Enforcement Directorate search in a money laundering probe. Justice Yashwant Varma also directed the companies to provide the complete details in this regard to the ED in every 48 hours.