The Supreme Court has refused to lift the restraint on the sale of its Indian assets by Nokia, including its Chennai plant, as part of the handset maker's global deal with the Microsoft. The apex court dismissed Nokia's plea against the Delhi High Court order directing its parent company in Finland to give an undertaking to fulfill the conditions relating to payment of tax dues. A bench, comprising justices A R Dave and Shiva Kirti Singh, declined to accept Nokia's plea for a direction to the Income Tax department for lifting of the stay on transfer of assets, including the Chennai manufacturing plant, in view of the deal with Microsoft.The apex court had earlier asked the Nokia company to come up with a concrete proposal to settle its tax row with the Income Tax department. Solicitor General Mohan Prasaran said Nokia India had made no profits but it gave 3,500 crore rupees dividend to its parent company Nokia Corporation, Finland by drawing money from its reserves.