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Delhi HC asks ED to consider Vivo's representation on freeing bank accs

ED's money-laundering probe into Vivo revealed the company, to avoid paying taxes in India, remitted about Rs 62,476 crore of its turnover to China between 2017 and 2021

Vivo
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Bhavini Mishra New Delhi
The Delhi High Court on Friday told the Enforcement Directorate to consider the representation of Chinese phone company Vivo to allow it to unfreeze some bank accounts to pay for its liabilities. 

The matter is posted for July 13.

Justice Yashwant Varma asked the enforcement agency to give its reply to the plea filed by the phone company seeking to unfreeze some of its accounts. 

The court directed Advocate Zoheb Hossain, counsel for ED, to take note of the reliefs sought by Vivo in the petition.

Vivo’s lawyers — Sidharth Luthra and Siddharth Agarwal — said there are liabilities

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