Author Archives: 98410spice

Congratulate the Income Tax authorities for innovatively adopting Data Protection Principles

The Indian Budget proposal presented yesterday had an interesting sidelight. While discussing the proposal on the TV, Mr Piysuh Goyal, the interim Finance Minister  said that the Government is taking steps to ensure that in order to reduce harassment of … Continue reading

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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

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Banking Ombudsman for Digital Payments

Presently the RBI scheme for ombudsman covered the resolution of disputes regarding Bank transactions. A Notification dated January 31, 2019 has been issued for this purpose. The scheme has been launched under Section 18 of the Payment and Settlement Systems … Continue reading

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Lawyer booked for fabricating legal documents. Bar Council needs to Bring Back Ethics in the profession.

In a very significant development, a well known Cyber lawyer has been booked along with a Notary and two others,  in Thane for fabricating documents submitted in the Court. According to information available, a document was notarized on behalf of … Continue reading

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Open Door Policy of State Bank of India!

If we want to enter a branch of SBI, we may have to encounter a guard, half closed gate. In secure rooms, there may be even an access controlled doors. But it is a surprise to know that the server … Continue reading

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Product pricing in E Commerce and Consumer interests

The new FDI guidelines applicable to E Commerce will be coming into operation from 1st February 2019. The copy of the revisions in the FDI policy is available here. The guidelines provide that 100%FDI through automatic route is subject to … Continue reading

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