Madras HC upholds ED action on Xiaomi under FEMA

Xiaomi India and its chief financial officer, Sameer B S Rao, through a batch of petitions, challenged the attachment, AA’s formation of opinion under FEMA rules and the complaint filed by ED in 2023

Madras HC upholds ED action on Xiaomi under FEMA
Xiaomi India and its chief financial officer, Sameer B S Rao, through a batch of petitions, challenged the attachment, AA’s formation of opinion under FEMA rules and the complaint filed by ED in 2023