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Delhi High Court has issued notice in plea seeking a direction to Reserve Bank of India to suspend the operations of Google Pay until it completely complies with every direction/guideline issued by the National Payments Corporation of India and the RBI itself.The Single Bench of Justice Asha Menon has issued notices to the Reserve Bank of India, Union Government and Google who have to file their replies within 3 weeks.
In the plea of Google Pay case , the Petitioner has sought the following directions from the court:
- Direct the RBI and Centre to immediately take action against respondent No. 5 which is provisioning its services by way of “Google Pay” in India
- Direct the RBI and Centre to immediately suspend operations of respondent No. 5 in UPI through its App “Google Pay” till it completely complies with interoperability;
- Direct RBI and Centre to conduct a thorough third party and independent investigation of respondent No. 5’s App Google Pay app to check compliance of every directive, guidelines issued by NPCI and RBI;
- Direct respondent No. 5 to suspend its operations and/or not expand its user base till a thorough independent third party audit by CERT-IN or any other reputed third party app of the Google Pay App is conducted and certified by RBI and Centre
- Direct RBI and Centre to initiate proper punitive action against the respondent No. 5 for its wilful and continued non-compliance of directions/ circular of RBI
- Impose a hefty penalty amounting to at least 10 times revenue of Google Pay, since start of its operations in India to be contributed towards Covid-19 Relief Fund in India.
Read the order here:
