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Delhi High Court Seeks Finance Ministry's Response In PayPal’s Appeal Against Being Declared ‘Payment System Operator’ Under PMLA
Nupur Thapliyal
5 Sept 2023 5:29 PM IST
The Delhi High Court has sought response of the Union Government on an appeal moved PayPal challenging a single judge order holding that the payment platform is liable to be viewed as a “payment system operator” and consequently obliged to comply with reporting entity obligations under the Prevention of Money Laundering Act, 2002.A division bench comprising Chief Justice Satish Chandra...
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Nupur Thapliyal
Nupur Thapliyal is a Principal Correspondent with LiveLaw, based in New Delhi. She reports from the Delhi High Court and trial courts in the national capital
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