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TypeBare Act JurisdictionCentral Government

Payment and Settlement Systems Act 2007 Section 5

Application for Authorisation

~1 min read
https://sooperkanoon.com/act/27653

Bare act section · Research

About this section

Payment and Settlement Systems Act 2007 Section 5 is part of Payment and Settlement Systems Act 2007 - Application for Authorisation. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

(1) Any person desirous of commencing or carrying on a payment system may apply to the Reserve Bank for an authorisation under this Act.

(2) An application under sub-section (1) shall be made in such form and in such manner and shall be accompanied by such fees as may be prescribed.

Frequently asked questions

What does Payment and Settlement Systems Act 2007 Section 5 provide?

Section Section 5 of the Payment and Settlement Systems Act 2007 (Application for Authorisation) is reproduced on this page as part of the Payment and Settlement Systems Act 2007. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Payment and Settlement Systems Act 2007 Section 5?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Payment and Settlement Systems Act 2007 Section 5. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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