New WPL/1695/2012 WRIT Petition09/07/2012 by: Mobi-Club Admin
Case No.:- WPL/1695/2012
Hearing Date:- 11/07/2012
Act :- Banking Regulation Act
Category:- WRIT PETITION(OTHERS)
This court had ordered RBI last year in June to assess Speakasia’s module and if found legal to permit it and then RBI had meetings with SAOL and Company also provided whatever documents that were asked by RBI . Since no response has been received from RBI . Since no response has been received from RBI this Writ has been moved. So this case is very important for business restart. Detailed update will come soon.
Source : Mumbai high court site