Search Results for: intermediary
Watching the NPCI…Let NPCI not become a Crypto Exchange mechanism
We have pointed out several times how NPCI needs to take more responsibility for securing financial transactions in India Besides yesterday’s article (NPCI needs to be watched) Some of the earlier articles in this regard are given below. The Cosmos … Continue reading
NPCI needs to be watched
NPCI was incorporated in 2008 and functions today as the national clearing house of all payments. Initially there were 10 promoters all of whom were Banks. It included foreign Banks like Citi Bank and HSBC. Since then several other Banks … Continue reading
Is it time for a Unified DTH-Internet System?
The issue of an Intermediary Guideline and Digital Ethical Code as a joint effort of the MeitY and Ministry of I & B has revived the thoughts of the “Communication Convergence Act” that India considered. During the days of Mr … Continue reading
Digital Assets of the Deceased… Need for a legislative change
We have in the past discussed the issue of “Digital Wills”. (Refer here: Inheritance of Virtual Assets) ITA 2000 has kept “Wills” in electronic form outside the provisions of ITA 2000. Hence “Digital Wills” are not valid like written documents … Continue reading
Delhi High Court guidelines on Section 79 of ITA 2000
In a comprehensive speaking order , Honourable Justice Anup Jairam Bhambhani of the Delhi High Court has issued a judgement dated 20th April 2021 in the case WP (CRL) 1082/2020 and other petitions, holding light on the rules under Section … Continue reading
Support to Bitcoins is another challenge on the sovereignty of India
Recently, we have seen how Twitter challenged the sovereignty of India by refusing to abide by the lawful notices issued by the Government on removal of content which were false, some of them posted under fake accounts and attempting to … Continue reading