The petitioners argued that VC exchanges already had best practices such as avoidance of cash transactions, enhanced KYC (know your customer) norms etc. The court, however, said that enhanced KYC norms may remove anonymity of the customer but not that of the VC Further it also pointed out that RBI was the best judge of … Read More →
Globalisation, increase in trade, emergence of new ways of transactions and e-commerce have created new and convenient options for consumers. The growth of internet has led to a drastic shift in the definition of consumer and has heralded an era of fast consumer-shipa. This, however, has made consumers vulnerable to new forms of unfair trade … Read More →