Start a crypto hedge fund company in India Start a crypto hedge fund company in India

4 years ago

I want to know how to start a cryptocurrency-related company in India and do business legally?
Is crypto hedge funds legal in India?
Can Indians Invest in crypto hedge funds?
Can Indian companies start crypto hedge funds legally?
Please explain to me how to establish a crypto-related company in India?

NITHYANANDAN SUNDARESAN

Responded 3 years ago

A.Dear Client

I understand the Crypto Currency, Litho Currency have huge value in market. But in India it is not because in bangalore a person was arrested for affixing cypto ATM.

It is not advisable to invest or start.

But in future days if countries startered investing it will have global demand in market.

Advise not to use or do in it because people or not legally recognized in india.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 4 years ago

View All Answers
A.Dear Sir,
There are so many issues if you start such company in India.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Suneel Moudgil

Responded 4 years ago

A.1. Crypto currency is not legal in India,
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconMis diagnosed and wantedly do the surgery sonmany times
Dear client, you can file a complaint of medical negligence under criminal law, consumer protection law and tort law. The complaint can be filed under sec 304A, 336,337 and 338 of indian penal code. Y...
question iconPg deposit refund
Dear Client, A dispute between a tenant and landlord is resolved under the state-specific Rent Control Act under which a Rent Controller or Addl Rent Controller is appointed to deal with the dispute a...
question iconNeighbour uses abusive language with children
Dear Client, In situations where small children playing cricket inadvertently cause the ball to hit a neighbor's roof, it's essential to prioritize open communication and neighborly understanding. Ini...
question iconLitigation as a career
Dear Client, Becoming a successful litigation lawyer can be achieved through various paths, and there is no strict requirement to practice exclusively under an independent lawyer or within a law firm....
question iconQuestion bank
Dear Client, In that case, for violation and infringement of the copyright of the original owner, you have to face criminal prosecution and other legal consequences. The Copyright Act of 1957 offers s...