issued guidelinesTags : Bank, primary dealers, currency, futures
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Re 1 currency note to enter circulation(29.03.2016)
The Reserve Bank of India will soon introduce one rupee notes into circulation. The notes will incorporate bi-linguistic features, such as the signatu.....
Tags : one rupee, currency note, circulation
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Pre-2005 series of Banknotes - Revision of exchange facility(30.06.2016)
After 1 July 2016, Pre-2005 banknotes will only be exchanged at Reserve Bank of India offices in the country’s larger cities.
Pre-2005 ban.....
Tags : currency, pre-2005, exchange, deadline
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Madhya Pradesh HC Rules: Invest Seized Demonetised Notes in FDs(23.12.2016)
Madhya Pradesh High Court has ruled that demonetised currency notes of Rs 1000 and Rs 500 denomination seized in corruption cases and other criminal m.....
Tags : Madhya Pradesh HC, demonetised currency, Fixed Deposits
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Develop Currency-Identifying App for Visually Challenged: Bombay HC to RBI(06.02.2019)
Bombay High Court has asked the Reserve Bank of India to think about developing a mobile phone application that could help visually challenged persons.....
Tags : Bombay High Court, Currency-Identifying App for Visually Challenged
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Supreme Court Dismisses IT Department’s Appeal Against RCom(23.11.2016)
Supreme Court has dismissed Income Tax (IT) Department’s appeal seeking to tax proceeds of $1.5-billion Foreign Currency Convertible Bonds (FCCBs) iss.....
Tags : Supreme Court, Income Tax, Foreign Currency Convertible Bonds, Reliance Communications
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Supreme Court Refuses to Stay Transfer of Cases Relating Demonetization of Rs 500 & Rs 1000 Notes(23.11.2016)
Supreme Court has refused to stay transfer of proceedings against demonetisation of Rs500 and Rs1,000 currency notes across various High Courts in the.....
Tags : Supreme Court, demonetisation, Rs500, Rs1,000, currency notes
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Calcutta High Court to ITAT: Refund Seized Money in New Currency(20.04.2017)
Calcutta High Court has ordered Income Tax Department to refund in valid/new currency, any money held by it on account of a Court order.
Tags : Calcutta High Court, ITAT, new currency
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ITAT: Forex Transaction to Hedge Foreign Currency Risk is Not Speculative(10.08.2022)
Income Tax Appellate Tribunal (ITAT), Chandigarh Bench while allowing deduction, has held that the Forex transaction to hedge foreign currency risk is.....
Tags : ITAT, Forex Transaction, Hedge Foreign Currency
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CESTAT: Currency is Not Goods, Liable to be Seized Under Customs Act(17.08.2022)
Customs, Excise and Service Tax Appellate Tribunal, Kolkata Bench has held that currency is not goods and is liable to be seized under customs act and.....
Tags : CESTAT, Currency, Customs
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CIVIL - SC Gives Centre 4 Weeks to Bring in Cryptocurrency Policy(26.02.2019)
Supreme Court has refused to hear any party pertaining to the long-pending cryptocurrency cases in the country and directed Union of India to come up .....
Tags : Supreme Court, Cryptocurrency Policy
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RBI Allows NRIs to Access ETCS Market(03.02.2017)
Reserve Bank of India (RBI) has allowed NRIs access to Exchange Traded Currency Derivatives (ETCD) market to hedge currency risk arising out of their .....
Tags : Reserve Bank of India, Exchange Traded Currency Derivatives
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RBI Permits Indian Subsidiaries of MNCs to Hedge Forex Exposure(07.11.2016)
Reserve Bank of India (RBI) has allowed Indian subsidiaries of multinational companies to hedge their foreign currency exposure through derivatives, O.....
Tags : Reserve Bank of India, Indian subsidiaries, foreign currency
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Bombay HC Rejects Plea to Suo Moto Take Up Issue of Demonetisation of 500 & 1000 Rs. Currency Notes(10.11.2016)
Bombay High Court has turned down plea of two advocates, who had appealed to it to suo moto take up issue of inconvenience citizens are facing after d.....
Tags : Bombay High Court, demonetisation, 500, 1,000, currency notes
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Karnataka HC Rejects Plea Challenging Demonetization Move by Central Government(14.11.2016)
Karnataka High Court has dismissed a PIL against demonetization of Rs 500 and Rs 1,000 currency notes by Union government.
Tags : Karnataka High Court, demonetization, Rs 500 and Rs 1,000 currency
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Gujarat HC Asks Centre to Consider Extending Usage Period of Old Rs 500 & Rs 1000 Notes(14.11.2016)
Gujarat High Court has stated that Central Government should extend period of usage of demonetized currency notes of Rs 500 and Rs 1,000 to help lesse.....
Tags : Gujarat High Court, demonetization, Rs 500 and Rs 1,000 currency
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Del. HC Restrains Websites from Offering Digital Currencies Under Microblogging Platform's Trademark(05.08.2022)
Delhi High Court while restraining 3 websites and applications from offering digital coins and currencies consisting of the trademark owned by micro-b.....
Tags : Delhi High Court, Trademark, Koo, Crypto-Currency
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RBI Allows Firms having Forex Exposure to Book Forex Forward and Foreign Currency(09.10.2015)
RBI has allowed all resident individuals, firms and companies, who have actual or anticipated foreign exchange exposures, to book foreign exchange for.....
Tags : RBI,Forex Forward ,Foreign Currency
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RBI Turns Net Seller of Foreign Currency in August(13.10.2015)
Reserve Bank of India (RBI) for the first time in the past one year has turned net sellers of foreign currency in August to help arrest the slide in t.....
Tags : Reserve Bank of India (RBI),Foreign Currency
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Apex Court Issues Notice on Plea to Permit Deposit of Demonetized Currency Worth Rs 1.17 Crores(02.09.2019)
Apex Court has issued notice to the Reserve Bank of India regarding a petition filed by a Madurai based businessman before the Supreme Court seeking d.....
Tags : Apex Court, Demonetized Currency
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Delhi HC Issues Notice on Plea for Guidelines Against Crypto-Currency Exchanges Advertisements(15.07.2021)
Delhi High Court has issued notice on plea seeking issuance of guidelines or rules to be framed against the crypto currency exchanges in India adverti.....
Tags : Delhi High Court, Crypto-Currency Exchanges Advertisements
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RBI Permits Residents to Conduct Foreign Currency-Rupee Swaps Transactions with Multilateral Bodies(06.11.2015)
Reserve Bank of India (RBI) has permitted domestic entities to conduct foreign currency-rupee swaps with multilateral agencies and allow hedging of lo.....
Tags : RBI, Foreign Currency-Rupee Swaps Transactions
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Delhi HC To Govt: Examine New Currency Notes As Visually Impaired People Are Facing Difficulties(08.12.2017)
Delhi High Court has asked the government and the RBI to examine the new currency notes and coins, observing that the visually impaired were facing ha.....
Tags : Delhi High Court, Currency
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Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)
Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....
Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes
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RBI Issues Norms for PDs in Exchange-Traded Currency Futures(18.03.2016)
Reserve Bank of India (RBI) has issued guidelines permitting standalone Primary Dealers (PDs) to participate in exchange-traded currency futures on ap.....
Tags : Reserve Bank of India , Primary Dealers, Currency Futures
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Delhi HC Issues Notice Over Barring Traders From Using its UPI Platform to Trade in Cryptocurrency(29.10.2021)
Delhi High Court has issued notice on a petition challenging State Bank of India's decision prohibiting the use of UPI platform for trading in cryptoc.....
Tags : Delhi High Court, UPI Platform to Trade in Cryptocurrency
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Madras HC Dismisses Plea Challenging Rejection of Representation of Netaji on Currency Notes(03.09.2021)
Madras High Court has dismissed a plea challenging Centre's rejection of a representation for printing the image of Nethaji Subash Chandra Bose on cur.....
Tags : Madras High Court, Representation of Netaji on Currency Notes
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Supreme Court Asks Centre to Look Into PIL on RBI Branch Exchanging Defaced Currency Notes(08.01.2020)
Supreme Court has asked the Centre on Tuesday to look into a Public Interest Litigation seeking Central Bureau of Investigation probe into the Reserve.....
Tags : Supreme Court, Currency Notes
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RBI Issues Cross-Currency Futures Norms(11.12.2015)
Reserve Bank of India (RBI) has issued guidelines for introduction of cross currency futures and exchange traded cross-currency option contracts in th.....
Tags : RBI , Cross-Currency Futures Norms
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MCA: Companies to Disclose Details of Crypto Currency in Financial Statements(11.08.2021)
Ministry of Corporate Affairs has stated that Companies have to disclose details of Crypto Currency in Financial Statements while answering a question.....
Tags : Ministry of Corporate Affairs, Disclosure of Crypto Currency
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Delhi High Court to Govt: Examine New Rs 50, Rs 200 notes(01.02.2018)
Delhi High Court has asked the Centre and the RBI to examine the new currency notes and coins, saying the visually-impaired were facing hardship in id.....
Tags : Delhi High Court, Currency Notes
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Government Proposes to Introduce Cryptocurrency and Regulation of Official Digital Currency Bill(24.11.2021)
Central Government has proposed to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. As per the list of business, t.....
Tags : Central Government, and Regulation of Official Digital Currency Bill, 2021
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Calcutta HC Seeks Response on Printing of Subhash Chandra Bose's Picture on Currency Notes(14.12.2021)
Calcutta High Court has sought the Union government's response in a Public Interest Litigation (PIL) seeking directions to print images of Netaji Subh.....
Tags : Calcutta High Court, Printing of Subhash Chandra Bose's Picture on Currency Notes
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Ker. HC: Bulk Possession of Counterfeit Currency Notes Would Only Lead to Conclusion of Trafficking(21.03.2024)
Kerala High Court held that possessing counterfeit coins in bulk would only lead to the conclusion that the accused carried and possessed them with th.....
Tags : Kerala High Court, Counterfeit Currency Notes, Trafficking
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SC Lifts Curbs on Cryptocurrency Imposed by Reserve Bank of India(04.03.2020)
Supreme Court has lifted the curbs imposed by the Reserve Bank of India (RBI) on entities regulated by it such as Banks and Non-bank financial institu.....
Tags : Supreme Court, Cryptocurrency
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SEBI Relaxes Currency Derivatives Rules(23.06.2016)
Securities and Exchange Board of India (SEBI) has relaxed currency derivatives rules, allowing participants to continue to hold on to their open posit.....
Tags : Securities and Exchange Board of India, Currency Derivatives Rules
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Onus on Accused to Explain if Caught for Possessing Large Number of Counterfeit Currency: MPHC(15.05.2018)
Madhya Pradesh High Court has held that recovery of a large number of counterfeit currency notes from an accused in public place is sufficient to esta.....
Tags : Madhya Pradesh High Court, Currency
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