Xiaomi, which denies any wrongdoing, challenged the asset freeze in the High Court of southern Karnataka state, saying in its legal filing it "is severely disproportionate and has effectively halted the operations" of the company.
An Indian court on Thursday declined to lift a freeze on Xiaomi Corp's (1810.HK) $676 million worth of assets, even as the Chinese smartphone group said this enforcement action had "effectively halted" its operations in its key Indian market.