A Delhi court on Monday reserved its order for January 12 on the bail plea of Hari Om Rai, the Managing Director of Lava International, in a money laundering case against the Chinese smartphone-maker Vivo.The Enforcement Ditectorate (ED) had .
The Delhi High Court on Wednesday granted one-week to three top executives of Chinese smartphone-maker Vivo's India unit, who were arrested in a money laundering case, to file a reply to the Enforcement Directorate's (ED) plea challenging the .
The HC further asked the Vivo s executives to report at the office of Enforcement Directorate (ED) every Monday and Friday till January 11, the day the case is expected to be heard.
The Delhi High Court has instructed the accused individuals in the Vivo money laundering case not to exit the country and to provide an undertaking to this effect. Additionally, they are required to report to the Enforcement Directorate on Mondays and Fridays until the next hearing scheduled for January 11. The Enforcement Directorate had appealed to the Delhi High Court challenging the trial court s decision to release the three accused, including Vivo s interim CEO, in the money laundering case.
Earlier this week, the company had appointed three companies, including noted architect Hafeez Contractor, as city planners to present a draft development plan for the Asia s largest slum cluster.