Digital bank notes: statutory provisions rendered inapplicable to digital issuance; definition now expressly includes digital form. The Act expands the definition of bank note to include instruments issued by the Bank in physical or digital form and adds section 22A providing that specified statutory provisions shall not apply to bank notes issued in digital form, establishing a distinct regulatory treatment for digital issuance.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Digital bank notes: statutory provisions rendered inapplicable to digital issuance; definition now expressly includes digital form.
The Act expands the definition of bank note to include instruments issued by the Bank in physical or digital form and adds section 22A providing that specified statutory provisions shall not apply to bank notes issued in digital form, establishing a distinct regulatory treatment for digital issuance.
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