Q & A Forum Find a Lawyer Case Request Free Legal Templates Read Article Indian Kanoon e-Court fee Certified Copy
Loading
We make advocacy simple for you Ask a question Talk to a lawyer Login | info@easyadvocacy.com

Payment and Settlement Systems Act, 2007

Payment and Settlement Systems Act 2007 notes with the latest amendments, footnotes. Get a detailed description of all the sections of the Indian Kanoon Payment and Settlement Systems Act 2007 at easyadvocacy



Section Title
Section- Preamble Chapter 1
Section- 1 Section-1 Short title, extent and commencement Chapter 1
Section- 2 Section-2 Definitions Chapter 1
Section- 3 Section-3 Designated authority and its Committee Chapter 1
Section- 4 Section-4 Payment system not to operate without authorisation Chapter 1
Section- 5 Section-5 Application for authorisation Chapter 1
Section- 6 Section-6 Inquiry by the Reserve Bank Chapter 1
Section- 7 Section-7 Issue or refusal of authorisation Chapter 1
Section- 8 Section-8 Revocation of authorisation Chapter 1
Section- 9 Section-9 Appeal to the Central Government Chapter 1
Section- 10 Section-10 Power to determine standards Chapter 1
Section- 11 Section-11 Notice of change in the payment system Chapter 1
Section- 12 Section-12 Power to call for returns, documents or other information Chapter 1
Section- 13 Section-13 Short title, extent and commencement Chapter 1
Section- 14 Section-14 Power to enter and inspect Chapter 1
Section- 15 Section-15 Information, etc., to be confidential Chapter 1
Section- 16 Section-16 Power to carry out audit and inspection Chapter 1
Section- 17 Section-17 Power to issue directions Chapter 1
Section- 18 Section-18 Power of Reserve Bank to give directions generally Chapter 1
Section- 19 Section-19 Directions of Reserve Bank to be complied with Chapter 1
Section- 20 Section-20 System provider to act in accordance with the Act, regulations, etc Chapter 1
Section- 21 Section-21 Duties of a system provider Chapter 1
Section- 22 Section-22 Duty to keep documents in the payment system confidential Chapter 1
Section- 23 Section-23 Settlement and netting Chapter 1
Section- 24 Section-24 Settlement of disputes Chapter 1
Section- 25 Section-25 Dishonour of electronic funds transfer for insufficiency, etc., of funds in the account Chapter 1
Section- 26 Section-26 Penalties Chapter 1
Section- 27 Section-27 Offences by companies Chapter 1
Section- 28 Section-28 Cognizance of offences Chapter 1
Section- 29 Section-29 Application of fine Chapter 1
Section- 30 Section-30 Power of Reserve Bank to impose fines Chapter 1
Section- 31 Section-31 Power to compound offences Chapter 1
Section- 32 Section-32 Act to have overriding effect Chapter 1
Section- 33 Section-33 Mode of recovery of penalty Chapter 1
Section- 34 Section-34 Act not to apply to stock ex-changes or clearing corporations of stock ex-changes Chapter 1
Section- 35 Section-35 Certain persons deemed to be public servants Chapter 1
Section- 36 Section-36 Protection of action taken in good faith Chapter 1
Section- 37 Section-37 Power to remove difficulties Chapter 1
Section- 38 Section-38 Power of Reserve Bank to make regulations Chapter 1

Ask your question from lawyers!

Ask anonymously

Customer Support

Need any help? Feel free to contact us
at +91-11-2622 7731

100% Secure

Our payment gateway system is 100% secured, you can count on us for the security of your money.