Karnataka high court to deliver judgment on jar gold writ petition challenging fir under unregulated deposit Schemes Act
Bengaluru-based digital gold startup Jar Gold Retail is challenging an FIR registered under the Banning of Unregulated Deposit Schemes Act, 2019. The company, accused of operating without RBI/SEBI permission, has approached the Karnataka High Court seeking to quash the FIR and unfreeze its assets. The case is currently being probed by the CID.
Bengaluru-based digital gold startup Jar Gold Retail is challenging an FIR registered under the Banning of Unregulated Deposit Schemes Act, 2019. The company, accused of operating without RBI/SEBI permission, has approached the Karnataka High Court seeking to quash the FIR and unfreeze its assets. The case is currently being probed by the CID.
