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SARFAESI ACT 2002
Introduction SARFAESI ACT STANDS FOR “Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act”. Main aim of this act was to increase the capability of banks and non-banking organisations to liquidize the loan securities in case of non-repayment of loans. The act does so by two major steps , first, minimising the … Continue reading SARFAESI ACT 2002
Read more »Stand Of Indian Government On Protection Ipr For Virtual Digital Assets
The phrase “virtual digital assets” is used in the Finance Bill to refer to both cryptocurrencies and NFTs. The criteria for identifying bitcoins or similar apps as virtual digital assets were purposefully kept broad. Aside from the distinctions in their characteristics, cryptocurrencies serve as payment systems in which units are transferable and have some value. … Continue reading Stand Of Indian Government On Protection Ipr For Virtual Digital Assets
Read more »Buy Now Pay Later: Regulatory Ambiguity And Consumer Protection
BNPL (Buy Now Pay Later) is a point-of-sale credit that allows consumers to pay for goods over a small period while receiving such goods as if the payment was made upfront. Initially ignored as another form of installment-based credit, the BNPL market picked up during the course of Covid-19 pandemic. The BNPL market expanded by … Continue reading Buy Now Pay Later: Regulatory Ambiguity And Consumer Protection
Read more »The Legal Dilemma of Cryptocurrency in India
Introduction Cryptocurrency, also known as virtual or digital currency, is based on blockchain technology and has become a global phenomenon known to the majority of the people in the world. Through the medium of internet, the financial transactions are intended to take place strictly in terms of cryptographical functions. The cryptocurrencies can be transferred from … Continue reading The Legal Dilemma of Cryptocurrency in India
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