Reserve Bank of India Act, 1934 with Section 45L

Supreme Court Strikes Down RBI Ban on Cryptocurrency Trading: Internet and Mobile Association of India vs. Reserve Bank of India (2020) INSC 248 (4 March 2020)

/ Aniruddha Bose, Banking Regulation Act, 1949, Banking Regulation Act, 1949 with Section 35A, Banking Regulation Act, 1949 with Section 36(1)(a), Constitutional Law, Constitutional Law with Article 19(1)(g), Constitutional Law with Article 19(6), Fundamental Rights, Judges, Payment and Settlement Systems Act, 2007, Payment and Settlement Systems Act, 2007 with Section 10(2), Payment and Settlement Systems Act, 2007 with Section 18, Reserve Bank of India Act, 1934, Reserve Bank of India Act, 1934 with Section 45JA, Reserve Bank of India Act, 1934 with Section 45L, Rohinton Fali Nariman, V. Ramasubramanian

Date of the Judgment: 4 March 2020 Citation: (2020) INSC 248 Judges: Rohinton Fali Nariman, Aniruddha Bose, V. Ramasubramanian Can a central bank impose a blanket ban on cryptocurrency trading? The Supreme Court of India recently addressed this crucial question in a landmark judgment. The court struck down the Reserve Bank of India’s (RBI) ban […]

Supreme Court Strikes Down RBI Ban on Cryptocurrency Trading: Internet and Mobile Association of India vs. Reserve Bank of India (2020) INSC 248 (4 March 2020) Read Post »

Supreme Court Quashes RBI Circular on Stressed Assets: Dharani Sugars and Chemicals Ltd. vs. Union of India (2 April 2019)

/ Banking Regulation Act, 1949, Banking Regulation Act, 1949 with Section 35A, Banking Regulation Act, 1949 with Section 35AA, Banking Regulation Act, 1949 with Section 35AB, Constitutional Law, Constitutional Law with Article 14, Judges, R.F. Nariman, Reserve Bank of India Act, 1934, Reserve Bank of India Act, 1934 with Section 45L, Vineet Saran

Supreme Court Quashes RBI Circular on Stressed Assets: Dharani Sugars and Chemicals Ltd. vs. Union of India (2019) LEGAL ISSUE: The core legal issue revolved around the validity of the Reserve Bank of India (RBI) circular dated 12.02.2018, which prescribed a revised framework for the resolution of stressed assets, particularly concerning the timelines for referring

Supreme Court Quashes RBI Circular on Stressed Assets: Dharani Sugars and Chemicals Ltd. vs. Union of India (2 April 2019) Read Post »

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