\"\"
<\/span><\/figcaption><\/figure>New Delhi: Upholding a trial court order removing the Look Out Circular (LOC<\/a>) issued against Huawei Telecommunications India<\/a> Chief Executive Officer Xiongwei<\/a> (David) Li, the Delhi High Court has allowed the Chinese national to travel abroad on depositing Rs 5 crore.

\"The directions qua the imposition of the conditions of deposit of an
FDR<\/a> of an amount of Rs 5 crore drawn on a nationalised Indian Bank and forfeiture thereof on non-joining of the investigation and non-appearance as and when directed by the trial court have been imposed to take into account the eventuality of the alleged commission of an offence punishable under Section 276C(1)(i) of the of the Income Tax Act, 1969 read with Section 278B(1) of the Income Tax Act, 1969, if any, committed by the respondent,\" Single-Judge Justice Anu Malhotra said in an order passed on Tuesday.

\"The allegations against the petitioner do not relate to any aspect of the departure of the respondent being detrimental to the sovereignty or security or integrity of India nor to the bilateral relations with any country nor to the strategic interest of the country nor is it brought forth in any manner by the petitioner that the respondent was potentially likely to indulge in any act of terrorism or offences against the State or that his departure ought not be permitted in the larger interest at any given point in time,\" the court averred.

It highlighted that \"Undoubtedly taking into account the factum that there is no extradition treaty of our country with China, the respondent thus falls within the category of a flight risk, but, the factum that he is alleged to have committed only a non-cognizable and an alleged bailable offence can also not be overlooked. The verdicts that the petitioner has relied upon all relate to alleged commission of non-bailable offences in which the issuance of the LOCs have been upheld in as much as they relate to offences inter alia punishable under the Prevention of Money Laundering Act, 2002, Prevention of Corruption Act, 1988, the Central Goods and Services Tax Act, 2017 and the non available offences under the Indian Penal Code, 1860.\"

In the earlier order while removing the LOC against Li, the trial court had said that the Chinese company is \"not a fly-by-night operator, and considering that it generates considerable revenue from India, it is prudent that a condition is imposed upon payment of salary, bonus, ESOPs, and other benefits\".

On May 1, Xiongwei was stopped at the Indira Gandhi International Airport, New Delhi in the wake of the LOC. He was set to attend an official meeting of his company in Bangkok.

Earlier, advocate
Vijay Aggarwal<\/a>, who appeared for the petitioner, said despite repeated requests, the authorities didn't provide any reason for the LOC.

In the earlier hearing, in an apparent reference to a dialogue from a Bollywood movie, Li had told the court that \"I am a Chinese and not a terrorist\".

As per one of the contentions of the Income Tax Department,
Huawei<\/a> had a \"willful failure\" of providing account books and relevant documents during a search at the Chinese tech giant's Gurugram office.


<\/body>","next_sibling":[{"msid":94345370,"title":"French tycoon's Vodafone stake adds to pressure on management","entity_type":"ARTICLE","link":"\/news\/french-telecoms-tycoon-niel-buys-2-5-stake-in-vodafone\/94345370","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":94346195,"entity_type":"ARTICLE","title":"Delhi HC permits Huawei CEO to travel abroad on depositing Rs 5 cr","synopsis":"In the earlier order while removing the LOC against Li, the trial court had said that the Chinese company is \"not a fly-by-night operator, and considering that it generates considerable revenue from India, it is prudent that a condition is imposed upon payment of salary, bonus, ESOPs, and other benefits\".","titleseo":"telecomnews\/delhi-hc-permits-huawei-ceo-to-travel-abroad-on-depositing-rs-5-cr","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":857,"shares":0,"engagementtimems":2604000},"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-09-21 12:57:42","lastupd":"2022-09-21 13:15:07","breadcrumbTags":["huawei","xiongwei","fdr","vijay aggarwal","loc","huawei telecommunications india","telecom equipment","huawei telecommunications"],"secinfo":{"seolocation":"telecomnews\/delhi-hc-permits-huawei-ceo-to-travel-abroad-on-depositing-rs-5-cr"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-09-21" data-index="article_1">

德里HC允许华为首席执行官对沉淀Rs 5 cr出国旅行

李庄在前面的订单删除LOC,审判法院说,中国公司是“不是一锤子买卖,考虑到它产生可观的收入来自印度,这是审慎的条件强加于支付工资、奖金、esop计划,和其他福利”。

  • 2022年9月21日更新于点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

新德里:维护审判法庭命令删除注意循环(疯狂的)发布了针对华为电信印度首席执行官Xiongwei(大卫),德里高等法院允许中国国家出国存放5卢比。

“方向作为存款的实施条件罗斯福5卢比的数量在印度银行国有化、没收的non-joining调查和non-appearance,由初审法院已经实施的可能性考虑所谓的委员会的犯罪惩罚下节276 c(1)(我)的所得税法案,1969年读的278 b(1)部分所得税法案,1969年,如果有的话,被申请人,犯下“法官正义阿奴Malhotra说周二在一个订单通过。

广告
”指控的请愿者不与任何方面的离开被申请人是不利于印度的主权或安全完整,也不与任何国家双边关系和战略利益的国家也不以任何方式带来的请愿者被申请人可能有可能沉溺于任何恐怖主义行为或犯罪对国家或者他的离开不应该被允许在更大的兴趣在任何给定的时间点上,“法院断言。

强调,“毫无疑问,考虑到自己的行为,我国没有引渡条约与中国、被申请人因此属于飞行风险的范畴,但是,自己的行为,他被控犯下了只有non-cognizable和所谓可保释的犯罪也不能被忽略。请愿者的判决都依赖与所谓的non-bailable犯罪委员会签发的loc一直在支持他们与犯罪尤其会根据预防洗钱法案》,2002年,预防腐败行为,1988年,中央商品及服务税法案,2017年,印度刑法下的非可用的罪行,1860。”

李庄在前面的订单删除LOC,审判法院说,中国公司是“不是一锤子买卖,考虑到它产生可观的收入来自印度,这是审慎的条件强加于支付工资、奖金、esop计划,和其他福利”。

Xiongwei停在了5月1日,英迪拉甘地国际机场,新德里的地方。他将参加正式会议公司在曼谷。

早些时候,提倡Vijay Aggarwal请愿者的出现,他说尽管一再请求,当局没有提供任何地方的原因。

广告
在前面的听证会上,明显指向从宝莱坞电影的对话,李告诉法庭,“我是一个中国人,而不是一个恐怖分子”。

每一个论点的所得税,华为有“故意失败”提供账簿和相关文件中搜索中国科技巨头Gurugram办公室。


  • 发布于2022年9月21日下午12:57坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

\"\"
<\/span><\/figcaption><\/figure>New Delhi: Upholding a trial court order removing the Look Out Circular (LOC<\/a>) issued against Huawei Telecommunications India<\/a> Chief Executive Officer Xiongwei<\/a> (David) Li, the Delhi High Court has allowed the Chinese national to travel abroad on depositing Rs 5 crore.

\"The directions qua the imposition of the conditions of deposit of an
FDR<\/a> of an amount of Rs 5 crore drawn on a nationalised Indian Bank and forfeiture thereof on non-joining of the investigation and non-appearance as and when directed by the trial court have been imposed to take into account the eventuality of the alleged commission of an offence punishable under Section 276C(1)(i) of the of the Income Tax Act, 1969 read with Section 278B(1) of the Income Tax Act, 1969, if any, committed by the respondent,\" Single-Judge Justice Anu Malhotra said in an order passed on Tuesday.

\"The allegations against the petitioner do not relate to any aspect of the departure of the respondent being detrimental to the sovereignty or security or integrity of India nor to the bilateral relations with any country nor to the strategic interest of the country nor is it brought forth in any manner by the petitioner that the respondent was potentially likely to indulge in any act of terrorism or offences against the State or that his departure ought not be permitted in the larger interest at any given point in time,\" the court averred.

It highlighted that \"Undoubtedly taking into account the factum that there is no extradition treaty of our country with China, the respondent thus falls within the category of a flight risk, but, the factum that he is alleged to have committed only a non-cognizable and an alleged bailable offence can also not be overlooked. The verdicts that the petitioner has relied upon all relate to alleged commission of non-bailable offences in which the issuance of the LOCs have been upheld in as much as they relate to offences inter alia punishable under the Prevention of Money Laundering Act, 2002, Prevention of Corruption Act, 1988, the Central Goods and Services Tax Act, 2017 and the non available offences under the Indian Penal Code, 1860.\"

In the earlier order while removing the LOC against Li, the trial court had said that the Chinese company is \"not a fly-by-night operator, and considering that it generates considerable revenue from India, it is prudent that a condition is imposed upon payment of salary, bonus, ESOPs, and other benefits\".

On May 1, Xiongwei was stopped at the Indira Gandhi International Airport, New Delhi in the wake of the LOC. He was set to attend an official meeting of his company in Bangkok.

Earlier, advocate
Vijay Aggarwal<\/a>, who appeared for the petitioner, said despite repeated requests, the authorities didn't provide any reason for the LOC.

In the earlier hearing, in an apparent reference to a dialogue from a Bollywood movie, Li had told the court that \"I am a Chinese and not a terrorist\".

As per one of the contentions of the Income Tax Department,
Huawei<\/a> had a \"willful failure\" of providing account books and relevant documents during a search at the Chinese tech giant's Gurugram office.


<\/body>","next_sibling":[{"msid":94345370,"title":"French tycoon's Vodafone stake adds to pressure on management","entity_type":"ARTICLE","link":"\/news\/french-telecoms-tycoon-niel-buys-2-5-stake-in-vodafone\/94345370","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":94346195,"entity_type":"ARTICLE","title":"Delhi HC permits Huawei CEO to travel abroad on depositing Rs 5 cr","synopsis":"In the earlier order while removing the LOC against Li, the trial court had said that the Chinese company is \"not a fly-by-night operator, and considering that it generates considerable revenue from India, it is prudent that a condition is imposed upon payment of salary, bonus, ESOPs, and other benefits\".","titleseo":"telecomnews\/delhi-hc-permits-huawei-ceo-to-travel-abroad-on-depositing-rs-5-cr","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":857,"shares":0,"engagementtimems":2604000},"Alttitle":{"minfo":""},"artag":"IANS","artdate":"2022-09-21 12:57:42","lastupd":"2022-09-21 13:15:07","breadcrumbTags":["huawei","xiongwei","fdr","vijay aggarwal","loc","huawei telecommunications india","telecom equipment","huawei telecommunications"],"secinfo":{"seolocation":"telecomnews\/delhi-hc-permits-huawei-ceo-to-travel-abroad-on-depositing-rs-5-cr"}}" data-news_link="//www.iser-br.com/news/delhi-hc-permits-huawei-ceo-to-travel-abroad-on-depositing-rs-5-cr/94346195">