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Nokia still in legal battle in India to move assets to Microsoft

12
Feb
2014

Nokia said on Wednesday it was appealing a ruling last week by the Delhi High Court which said the company must pay deposits on tax claims by local authorities in order to transfer assets related to its mobile phone business to Microsoft. One such asset – a plant in the southern Indian city of Chennai – is one of Nokias biggest phone-making factories. Local authorities seized it last year in a tax dispute, blocking its transfer to Microsoft which bought Nokias mobile phone business.

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