bank accounts

A 44-year-old businessman of Indian descent has been asked to pay back 600,000 pounds (Rs 5.9 crore) in unpaid tax after a raid at his home and seizure of 1 million pounds from his bank accounts.

K'taka HC asks Xiaomi to furnish bank guarantee to operate seized accounts In a setback to Xiaomi, one of the largest manufacturers of the smartphones in the world, the Karnataka High Court has ordered the company to furnish…

In a plea to the Delhi High Court, Vivo India stated because of the account ban, the company will be unable to pay regulatory dues and salaries.