Vivo India Bank Account Freeze Lifted by Delhi High Court, Directed to Furnish Guarantee Worth Rs. 950 Crore

An Indian court on Wednesday lifted a freeze on smartphone maker Vivo’s bank accounts imposed by the country’s financial crime agency and ordering the Chinese company to provide a bank guarantee of $119 million (roughly Rs. 950 crore), a lawyer for the company told Reuters.In a filing to the Delhi High Court in the capital, …

Vivo India Bank Account Freeze Lifted by Delhi High Court, Directed to Furnish Guarantee Worth Rs. 950 Crore Devamı »