LANDMARK CASE

Internet and Mobile Association of India v. Reserve Bank of India

(2020) 10 SCC 274 · Supreme Court of India · Technology law

At a glance

Citation: (2020) 10 SCC 274
Court: Supreme Court of India
Area of law: Technology law
In one line: No. It was struck down as disproportionate.

1 Facts

The RBI barred banks from serving crypto businesses.

2 Issue

Was the RBI circular valid?

3 What the court decided

No. It was struck down as disproportionate.

4 Why it matters

Major crypto ruling.

5 Think about it

What is the proportionality test?

6 Analyse it yourself

Read the full judgment from an official source or a law database, then brief it in seven steps: facts, issues, arguments, decision, ratio, obiter and significance. Always check the citation before you rely on it.

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