ByteDance states that freezing on Indian bank accounts is illegal and harassment

The parent company of TikTok, the popular short video social media platform, ByteDance has complained to an Indian court that the government has harassed it by freezing its bank account in the country.

The Chinese giant claims that the banking congestion on its accounts in an investigation into alleged tax evasion seems to be harassment and has been done unlawfully, as mentioned in the court filing.

The Tax Intelligence Unit of India directed HSBC and Citibank in Mumbai to freeze ByteDance India’s bank accounts as they investigated some of the financial dealings of the unit.

In a Mumbai court, the company has challenged the freeze on the four accounts. After the government maintained a ban on TikTok, which was imposed last year amid a border confrontation between India and China, ByteDance decreased its Indian workforce.

According to a Reuters article citing two people familiar with the situation, none of ByteDance India’s workers have been paid their March wages due to the account freeze. The corporation told the court that it employees 1,335 people, including outsourced employees.

Authorities acted against the company without any material proof and without providing prior notice, according to the company, as is mandated by Indian law. It went on to say that blocking accounts “during the process of investigation amounts (to) applying undue coercion” and is “intended, improperly, to harass the petitioner.”

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