Effective Use of Blockchain in the Legal Sector – A near future or a distant possibility?

By Chandan Goswami & Eeshan Pandey The decision of the Hon’ble Supreme Court of India in Internet and Mobile Association of India v. Reserve Bank of India[1]has brought the legal sector’s attention back to the distributed ledger technology that formed the very basis of bitcoin and other cryptocurrencies. Even though the law to regulate cryptocurrencies is still in …

THE LAW ON CHARITABLE INSTITUTIONS

By Chandan Goswami A Non-Governmental Organization (NGO)/charitable institutions/ voluntary organizations is any nonprofit community, legally constituted, organized and operated by a group of citizens, on a local, national or international level. The competency to legislate on charities or charitable institutions is provided under schedule VII of the Indian Constitution. It falls under concurrent list and …

Everything you need to know about EB-5 Visa

By Chandan Goswami and Marko Issever What is an EB-5 Visa ? The U.S. government created the EB-5 Immigrant Investor Program to encourage foreign investment in U.S. businesses. In exchange for investing in a business that creates jobs for U.S. workers, foreign nationals and their families are eligible to become permanent residents of the US. …

Smart Contracts: Revolutionizing the Banking Sector?

Eeshan Pandey & Mudit Makhijani The Blockchain Wave The economic slowdown of the mid 2000’s, which started with the Lehmann Brothers going bankrupt, can definitely be credited to the failure of the banking system. In order to combat this severe setback, Blockchain technology was touted to be as the next big thing that could solve …