The SFIO Case Against Razorpay Directors Harshil Mathur and Shashank Kumar survives, with the Karnataka High Court telling them “It is for the petitioners to come out clean in a full-blown trial” and holding that whether they discharged their fiduciary duties in onboarding an allegedly Chinese-controlled lending platform is a disputed question of fact. Bengaluru: […]
Yesterday, 6th April, The Calcutta HC ruled that Google Play is not a Payment Aggregator, but the RBI will make the final decision. The court rejected Hoichoi’s plea for protection against removal from the platform for not adopting Google Play Billing System. The matter is referred to the RBI for further judgment.
