Delhi High Court seeks RBI, ED stand on PIL claiming PayPal operating illegally

New Delhi: The Delhi High Court on Wednesday issued a notice on a plea seeking to stop the allegedly illegal and unauthorized operations of PayPal Payments in India.

A division bench of Chief Justice D.N. Patel and Justice C. Hari Shankar issued the notice to the Reserve Bank of India (RBI) and PayPal.

The plea was filed by one Abhijit Mishra through advocate Payal Bahl. Mishra, in his plea, said operations of PayPal as a payment system in India is against Section 4(1) of the Payment and Settlement System Act, 2007.