Search Results for: e banking
Leading Banks across the world Ban Bitcoin transactions
It was heartening to read an article in todaysgazette.com that “Leading Banks across the world are Blocking Crypto currencies” . According to the report, In the U.S., several banks have banned their users from using their credit cards to buy … Continue reading
Right to Adjudication Overrides Arbitration Clause… TDSAT judgement on Mohit Rajpal Vs MyTaxiindia.com
[P.S: This discussion has some important issues related to Information Technology Act 2000, (ITA 2000), Arbitration and Conciliation Act (ACI) (as amended upto date) and the data protection regulations.] It is always sad when a Company and its co-founder fight … Continue reading
Aadhaar Revisited
The ordinance promulgated by the government on March 2, 2019, has once again brought the focus back on the use of Aadhaar and a possible challenge to it in the Supreme Court. Aadhaar has become an “Instrument of Identity” similar … Continue reading
Kerala High Court rules-Not responding to SMS does not clear the Bank’s Liability
State Bank of India Vs P.V.George (Kerala High Court, 9th January 2019, RSA 1087 of 2018) will be a landmark judgement on determining liabilities in Digital Banking frauds, much like the S.Umashankar Vs ICICI Bank in the adjudication under ITA … Continue reading
Bitcoin is Illegal… says NASSCOM chief
In a significant development, Hindu has reported that that the Nasscom President Debjani Ghosh has stated that from Nasscom perspective it was very clear that crypto currencies were illegal. Some people refuse to see the writing on the wall mostly … Continue reading
Who is lying? Unocoin Advocates ? or the Press?
Over the last few days the arrest of the executives of Unocoin the Bitcoin trading company for installing a “Bitcoin ATM” in Bangalore is making news. There are views and counter views on whether it was fair to arrest the … Continue reading