Banking Lawyers in Chandigarh

15/04/2026

22/01/2026

04/01/2026

28/12/2025

23/12/2025

24/11/2025

Madras High Court:
*Crypto currency is a property which is capable of being enjoyed and possessed (in a beneficial form) or being held in trust | It is not a tangible property nor is it a currency | Virtual Digital Asset (VDA) held electronically are meant to be held in trust with a fiduciary duty owed to the owners of such asset*

Read here: https://ibclaw.in/rhutikumari-vs-zanmai-labs-pvt-ltd-and-ors-madras-high-court/

Citation: (2025) ibclaw.in 3517 HC

Section 9, Arbitration and Conciliation Act, 1996 – Application for interim injunction to restrain interference with applicant’s crypto asset holdings (3,532.30 XRP coins) on the WazirX platform – Maintainability of Section 9 application before Indian courts where seat of arbitration is Singapore – Nature of crypto currency as “property” and whether assets held in trust by platform operator – Effect of Singapore High Court-approved scheme of arrangement on Indian users – Applicability of pro-rata “haircut” to unaffected assets – Held: Application under Section 9 is maintainable; crypto currency is “property” capable of being held in trust; applicant entitled to interim protection; first respondent directed to furnish bank guarantee or deposit sum in escrow till conclusion of arbitration.

19/11/2025

19/11/2025

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18/11/2025

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