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A single judge bench of the High Court of Justice S G Pandit completed the hearing on Thursday.
The court heard the arguments by Additional Solicitor General M B Naragund on behalf of the ED and senior advocate S Ganeshan on behalf of Xiaomi.
The ED had alleged that Xiaomi was illegally transferring money to three foreign companies; two in USA and one in China, in the name of royalty payments. It was alleged that these payments are in contravention of Foreign Exchange Management Act (FEMA) laws.