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Author Archives: 98410spice
RBI needs to Fight with Mazar Virus rather than fighting with the Government
The Reserve Bank of India is in the news for picking up a fight with the Central Government on the right to use its reserves in a manner it deems fit. The fight whether RBI is over capitalized with the … Continue reading
Digital Banking in India is now under a serious threat… RBI needs to wake up
India has adopted a Governance policy involving high dependency on Digital Banking and this technological shift in Banking has the blessings of the Government, the RBI and also the Banks. Government is happy with Digital Banking because it is an … Continue reading
Posted in Cyber Law
Tagged Andoriod Virus, Bank fraud, Gurumurthy, Mazar BOT, Nandkumar Sarvade, RBI
4 Comments
Supreme Court should declare Bitcoin as illegal..to prevent Mr Modi gaining a higher moral ground
I as a citizen of India place this information for the attention of the honourable Supreme Court and demand that the Court should take into account the adverse effect that the Bitcoin regularization may have on the Indian Society before … Continue reading
“Innovation Behind Bars” … Who is Nakoshi Sakamoto? Time to cancel the Bail for Unocoin
Cointelegraph.com has carried an article titled “ Innovation Behind Bars: the arrest of India’s first Bitcoin ‘ATM’ Operators”. It has made several comments on the arrest of the founders of Unocoin.com who owned the ATM which was installed in a mall … Continue reading
Posted in Cyber Law
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Mumbai High Court raises the issue of Double Jeopardy
[Report in Hindustan Times, Mumbai Edition, 6th Nov 2018] An interesting judgement has been reported from Mumbai High Court yesterday (5th November 2018) in the case of State of Maharashtra vs Gagan Varma and Shagun Varma which has tried to … Continue reading
Posted in Cyber Law
2 Comments
PayTM predicament could be a new “Me-Too” in Data Security
The developments regarding the PayTM extortion case is a grave development which has huge ramifications to the Indian corporate sector. For records, PayTM case came to public light with a complaint filed by Mr Ajay Shekar Sharma, the brother of … Continue reading