India, Dec. 19 -- The Karnataka High Court (HC) yesterday reportedly directed the Enforcement Directorate (ED) to consider a proposal to de-freeze the bank accounts of gaming platform WinZO in lieu of a bank guarantee worth INR 505 Cr.

As per Economic Times, a bench, comprising Justice Suraj Govindaraj, also directed the gaming company to furnish comprehensive financial details of its operations, including money deposited by customers on its platform and the sums paid out.

The HC also reportedly sought detailed disclosures and financials related to WinZO's subsidiaries and related entities, both in India and overseas.

The Court has now posted the matter for next hearing later today (December 18).

The directions came as Justice Govinda...