The SC said it was not “inclined to interfere with the impugned order(s) passed by the High Court”, adding that this is only a one-time ruling
The Karnataka HC had dismissed the ED’s money laundering allegations against Razorpay in connection with an NBFC
The SC order came at a time when Razorpay is preparing for $700 Mn IPO
The Supreme Court has upheld the Karnataka High Court’s order quashing proceedings against fintech major Razorpay under the Prevention Of…

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