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Local court in India sets aside lookout notice against Huawei India CEO

A condition has been imposed, that in case of resignation, retirement or cessation of employment, Huawei cannot release the severance package and other benefits without the court's prior approval

Photo: Reuters
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Photo: Reuters

BS Web Team New Delhi
The lookout circular in India against Huawei Telecommunications (India) chief executive Li Xiongwei has been set aside by a local court. It was issued by the Income Tax Department. However, the court has placed a condition on it, a report by the Economic Times (ET) stated. 
 
The condition states that in case

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First Published: Aug 31 2022 | 2:08 PM IST

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