1 unchanged sentence
We are subject from time to time to disputes with customers concerning our products and services.
−Removed: In May 2016, we received notification of a claim for damages from a customer alleging that certain of our products were defective.
−Removed: Although we believe that we have numerous contractual and legal defenses to these disputes, at this time we have accrued an immaterial amount representing the estimated probable loss for which we would settle the matter.
−Removed: We currently cannot form an estimate of the range of loss in excess of our amounts already accrued.
−Removed: If the outcome of this matter is greater than the current immaterial amount accrued, we intend to dispute it vigorously.
+Added: In May 2016, we received notification of a claim for damages from a customer alleging that certain of our products were defective which we settled for an immaterial amount during the third quarter of 2021.
In March 2016, an enforcement action by the Indian Department of Revenue, Ministry of Finance was brought against our subsidiary Aviat Networks (India) Private Limited (“Aviat India”) relating to the non-realization of intercompany receivables and non-payment of intercompany payables, which originated from 1999 to 2012, within the time frames dictated by the Indian regulations under the Foreign Exchange Management Act ("FEMA").
−Removed: In November 2017, the Indian Department of Revenue, Ministry of Finance also initiated a similar action against Telsima
−Removed: Communications Private Limited (“Telsima India”), a subsidiary of the Company, relating to the non-realization of intercompany receivables and non-payment of intercompany payables which originated from the period prior to our acquisition of Telsima India in February 2009.
+Added: In November 2017, the Indian Department of Revenue, Ministry of Finance also initiated a similar action against Telsima Communications Private Limited (“Telsima India”), a subsidiary of the Company, relating to the non-realization of intercompany receivables and non-payment of intercompany payables which originated from the period prior to our acquisition of Telsima India in February 2009.
In September 2019, our directors of Aviat India appeared before the Ministry of Finance Enforcement Directorate.
12 unchanged sentences
We evaluate, at least on a quarterly basis, developments in legal proceedings, investigations or claims that could affect the amount of any accrual, as well as any developments that would result in a loss contingency to become both probable and reasonably estimable.
−Removed: We have not recorded any accrual for loss contingencies associated with such legal claims or litigation discussed above.
+Added: We have not recorded any significant accrual for loss contingencies associated with such legal claims or litigation discussed above.
Mine Safety Disclosures
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.