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Posts tagged as “coinrecoil”

First Crypto Exchange to Challenge RBI in Court Has Withdrawn their Petition

Kali Digital, the company behind CoinRecoil was the first exchange to challenge RBI’s Banking Ban in Delhi High Court. The Supreme Court had then ordered all related cases to RBI’s Banking Ban be transferred to Supreme Court. Kali Digital Withdrew its case from Supreme Court in August 2019, more than a year after fighting it along with IAMAI and other petitioners. Update: Supreme Court has Quashed the RBI circular on…

CoinRecoil’s Petition against RBI’s Crypto Ban moved to Supreme Court

May 20, 2018: Petition of Ahmedabad based CoinRecoil against RBI’s crypto ban is shifted to the Supreme Court. The Supreme Court of India via its order dated May 17 has transferred petition of CoinRecoil and others challenging RBI circular dated April 6, 2018 “Withdrawing Banking Support to Virtual Currency Exchanges”. The Apex court has directed two pending petitions in Delhi High Court and one in Calcutta High Court in this…

CoinRecoil petition: Delhi High Court issues notice to RBI, Union of India and GST Council

April 22, 2018: Admitting petition of Ahmedabad based cryptocurrency exchange CoinRecoil (Kali Digital Eco-Systems Pvt Ltd), Hon’ble High Court of Delhi has issued a notice to Reserve Bank of India, The Union of India through Secretary, Ministry of Finance and GST Council. The next hearing in this case is on May 24 2018. Kali Digital Eco-Systems Pvt Ltd (CoinRecoil) filed a petition against Reserve Bank of India, The Union of…