Daily Archives: August 10, 2019

Arbitration Amendment Act 2019 passed

The Arbitration and Amendment Act 2019 was received the Presidential assent on 9th August 2019. The copy is available here. The major part of the amendment is to introduce part IA  related to the Arbitration Council of India. Consequential amendments … Continue reading

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ICICI Bank claims immunity from Cyber Crimes

ICICI bank which has been a leading Bank in India adopting to innovative Cyber Banking in India is also in the forefront of incidents in which customers have lost money because of the negligent manner in which security of the … Continue reading

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Copy of the IMC report on Crypto currencies

Here is a copy of the report by the Inter ministerial committee on Crypto currencies. Copy The report contains the copy of the bill proposed to be introduced for banning Crypto currencies in India. According to the Bill, 1.No person … Continue reading

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How much of Crypto currency transactions are illegal?

According to Zebpay which has shifted its business out of India, it still has more than 2 million Bitcoin holders in India and have more than 40000 bitcoins in their possession.  According to their estimate there are about another  15000 … Continue reading

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