Part 26 · Collections, Banks & Institutions

Creator Risks, Business Structure & Minors in Numismatics — RBI Liability, Sole Proprietorship vs Pvt Ltd, Trademarks, Minor Collectors, Schools, Succession

Sole proprietorship vs Pvt Ltd, trademarks, minor collectors, school numismatics, succession, and business structure for creators.

11 questions in this part

1 Can a numismatic content creator be sued by the RBI for discussing currency laws incorrectly? 2 What business structure should a numismatic educator or dealer choose? 3 Can a minor legally collect, buy and sell currency notes in India? 4 If a minor pays by UPI and is defrauded in a numismatic transaction, who has legal standing to file a complaint? 5 Can a school legally confiscate currency notes from a student's bag? 6 Can a parent gift a numismatic collection to their child — and who legally owns it after the gift? 7 If a child's collection is stolen at school, can the parents file a legal case? 8 Can a minor open a numismatic dealing account or sell notes on online platforms? 9 At what age can a young collector independently enter legally binding numismatic transactions? 10 Can a school legally include numismatics in its curriculum or extracurricular programme? 11 What are the exact legal mechanics when a numismatic collection passes through intestate succession — step by step?