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The payment and settlement system act 2007 | Bare Act | Commercial Law Publishers | 2026

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**Product Description:**

Introducing "The Payment and Settlement System Act 2007 | Bare Act," a comprehensive and essential legal guide published by Commercial Law Publishers in 2026. This authoritative text provides an exhaustive insight into the regulatory framework governing payment and settlement systems in India, making it an indispensable resource for legal practitioners, financial institutions, and students of commercial law. The Bare Act format ensures easy navigation and quick reference, helping you stay updated and well-informed about the latest provisions and amendments in the law.

Key Features:

📚 **Comprehensive Coverage:** Detailed explanations of all key provisions related to payment and settlement systems.

🗂️ **User-Friendly Format:** Bare Act presentation for quick referencing and easy understanding.

📝 **Updated Information:** Features the latest amendments and interpretations, ensuring compliance with current legal standards.

💡 **Essential for Professionals:** A must-have for legal practitioners, financial analysts, and students in the field of commercial law.

Invest in your legal library and enhance your understanding of payment and settlement systems with this vital resource!

PRODUCT

(Bare act) The Payment and Settlement System Act, 2007 (Act 51 of 2007)

 presents the authoritative bare text of the law governing payment and settlement systems in India, updated with all amendments brought into force up to the Jan Vishwas (Amendment of Provisions) Act, 2023 (Act 18 of 2023, dated 11-8-2023).

The publication comprehensively incorporates the core framework of the Act along with allied regulatory materials, including:
• Provisions relating to regulation and supervision of payment systems by the Reserve Bank of India
• Establishment, powers, and functions of the Board for Regulation and Supervision of Payment and Settlement Systems
• Authorization, regulation, and oversight of payment system operators
• Settlement finality, netting arrangements, and dispute resolution mechanisms
• Penalties, offences, and enforcement procedures under the Act
• The Payment and Settlement Systems Regulations, 2008
• Relevant and updated notifications issued from time to time

LANGUAGE English
ISBN-13 9789347875557
BOOK EDITION 2026
BOOK UPDATED 13-2-2026