This has raised concerns among its India userswhose deposits are already locked and cannot be completely withdrawn-who are taking to various social media platforms to allege that the three promoters of the company are trying to escape legal proceedings in India by forum shopping in Singapore. Many have shared their bank account statements online to show their financial situation while requesting the platform to let them withdraw from their crypto account.
However, WazirX in its response to The Sunday Guardian (below) has stated that it has filed the application in Singapore because the parent company is listed there.
WazirX has stated that more than 43 lakh Indian users had invested in crypto currencies through WazirX. Zanmai Labs Private Limited, registered in India on 21 December 2017, is the Indian company which manages WazirX crypto currency exchange in India. Its parent company, Zettai Private limited is registered in Singapore.
As per official records, Zettai was incorporated on 7 January 2019 with a paid up capital of $3,228. The company has three shareholders and its virtual office is at Bs Bendemeer Centre, a 7-storey building in Singapore.
Denne historien er fra September 01, 2024-utgaven av The Sunday Guardian.
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Denne historien er fra September 01, 2024-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
TRANSFORMING WASTE INTO RESOURCES: COCA-COLA'S MAIDAAN SAAF CAMPAIGN
Coca-Cola has taken the initiative to spearhead sustainability initiatives at Maha Kumbh 2025.
JSW MG Motor India Partners With Kotak Mahindra Prime
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USIBC URGES NEW U.S. GOVT TO PRIORITISE TRADE AGREEMENTS WITH INDIA
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FIU-IND and NHB sign MoU for enhanced coordination
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A time for purification
The Maha Kumba Mela is probably the world's greatest event.
SEBI extends timeline for ESG rating review post BRSR publication
To promote ease of doing business, markets regulator Sebi on Friday provided relaxation in the timeline for review of ESG rating following the publication of Business Responsibility and Sustainability Reporting (BRSR).
How to identify Ponzi schemes
Imagine a world where your money works for you, effortlessly multiplying while you sleep. You hear whispers of investment opportunities that promise sky-high returns—50%, 100%, or even more— all with minimal risk.
Brokerages gave thumbs up to RIL 3Q FY25 results
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An archaic foundation of the Kumbh Mela
In essence, the templating for the Tanunaptra comprises a particular event wherein the Gods came together to convocate and to share, Each drawing from T 'most valued' 'strengths' or 'capacities' to make Their 'best contribution', with all of these being 'pooled together' ('Mela', we might suggest) to produce a sing potency far grander than could be conceived of through unlinked individual expressings.
Cosmography of the Kumbh Mela
The word 'kumbh', vase or recipient that holds the nectar of immortality, has survived in other Indo-European languages such as French, where a 'combe' is a high valley in which flows a river.
