RBI had, by an order dated October 01, 2021, imposed a monetary penalty of ₹1 crore (Rupees one crore only) on Paytm Payments Bank Limited (PPBL), for an offence committed of the nature referred to in Section 26 (2) of Payment and Settlement Systems Act, 2007 (PSS Act).
Private Company means: Sec 2(68) defined Private Company as a Company having a minimum paid up share capital, as may be prescribed and which by its articles: a) restricts the rights to transfer its shares if any; b) limit the number of member to 200, not including:- i) persons who are in the employment of […]
Expectations of Humanities from Corporates World The basic existence of the Corporates is to satisfy the essential of the society by suppling goods and services as per the various consumer need. But the Corporates should also be allowed to make profit for their very being and sustainability. The Corporates drew a lot from the society […]