The Delhi High Court reinstated Samsung India’s stay application concerning a Rs 1,213 crore tax demand, overruling the ITAT’s previous dismissal. The court’s decision allows ITAT to reconsider Samsung’s merits promptly. Samsung faces ongoing challenges, including a customs duty evasion notice and competition in the smartphone market.
![[Vivo Money Laundering Case] "Reasonable Grounds to Believe Applicant Is Innocent & Unlikely to Commit Any further Offences": Court Grants Bail to CA Rajan Malik](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/10/image-10-2.png?resize=447%2C367&ssl=1)
A Delhi court granted bail to chartered accountant Rajan Malik, connected to the Vivo money laundering case. The judge noted Malik’s age, lack of prior criminal history, and lengthy custody as reasons for bail. Malik’s counsel argued insufficient evidence to link him to criminal actions. Bail conditions include a personal bond and sureties.
On Friday, the Delhi High Court provided temporary bail for a duration of three months to Hari Om Rai, the Managing Director of Lava International, in connection with a money laundering case linked to smartphone manufacturer Vivo. Justice Swarana Kanta Sharma granted this relief to Rai, aged 57, citing his severe heart condition as life-threatening, […]
