SUMMARY The HC upheld the arbitration tribunal’s order, which also directed Zanmai Labs to provide bank guarantees to the tune of INR 45.38 Cr to CoinSwitch Bitcipher had challenged Zanmai’s move to freeze its assets, arguing that their agreements did not authorise WazirX to undertake a “socialise” losses across all users At the time of [...]
Bombay HC Quashes Zanmai Labs’ Appeal
