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Xiaomi files appeal against EDs seizure of Rs 5,551.27 crore : comparemela.com
Xiaomi files appeal against ED's seizure of Rs 5,551.27 crore
The counsel for the company argued that the seizure was unnecessary and under Section 37A of FEMA even the necessity of suspicion is not required. Even the qualification of the "authorised officer" to take action was not prescribed.
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