Kali Digital, which runs the crypto exchange CoinRecoil, set to be launched in August 2018, filed an official claim on April 16, stating that RBIs circular violates constitutional Articles 19 (1) (g) allowing citizens the right to any occupation, trade, or business and Article 14 prohibiting discrimination between equals. The High Court of Delhis notice, issued by Judges S. Ravindra Bhat and A. K. Chawla, asks for a response from the three parties involved by May 24.
1) In India are you free to become whatever you want and that is granted by the constitution?
How about drug smuggler, tax evasionist, organ trader?
2) It doesn't break anything in that article, there is no discrimination there, all banks are going to stop servicing all exchanges, where is the problem?
I've yet to hear that a court order can make an activity legal, if the principle of separation of powers in a democratic country really work as they supposed to, only the Parliament would be able to change it, not a court.
Well, India has always differed in that it keeps pace with the technology!)
The fact that they come up with something interesting is clear to all!)
Well, the main thing is not to increase taxes too much!
Yeah, it's different that it has it's own pace at doing so, standing still.