The Bar Council of India (“BCI”) on 10th March 2023 had issued a notification whereby it allowed foreign lawyers and foreign law firms to practice international law in India on a reciprocity basis. Since then, there has been a lot of confusion and misunderstanding
The recent announcement by the Bar Council of India (“BCI”) declares that foreign lawyers and foreign law firms are now permitted to practice law in India, specifically in international arbitration proceedings, foreign law, and other matters related to international law.
The term “nominee” is basically used for a person or an entity that holds assets on behalf of another entity. The nominee is not the real owner but only acts as a representative of another person. A nominee shareholder is an individual in a business who holds the.
Can mediation strengthen the effectiveness of international commercial arbitration? For parties seeking to settle cross-border commercial disputes, international commercial arbitration has proven to be an effective dispute resolution mechanism. However, the framework is not without criticism, with some calling for changes to address
Nominee director arrangements have become an increasingly important aspect of corporate governance in recent years. This is because they provide a mechanism for appointing agents with specialized skills to conduct supervisory and advisory duties on behalf of a
A nominee, as defined in the FATF is a natural or legal person holding a role in a company as an agent acting upon instructions of a nominator who has a more substantive claim to control and/or ownership of the company. In many cases, the nominator is the beneficial…
A crypto currency exchange is a trading platform where users may buy, sell, and swap a variety of crypto assets. The best revenue-generating business concept in the digital world is a crypto currency exchange. A crypto exchange is a platform for buying and selling crypto
Enforcement of foreign judgements in India The growth of international commerce has necessitated the creation of efficient methods of resolution of disputes. In some situations, securing an award or a final judgment from the courts may only be a battle half won. Judgment from foreign countries may
Privately run platforms known as cryptocurrency exchanges make it possible to swap one cryptocurrency for another, as well as for digital, fiat, and NFT currencies. A cryptocurrency exchange is an online marketplace where the user may buy and sell digital
Cryptocurrencies are a form of digital currency based on blockchain technology, widely considered secure, decentralized and providing anonymity to its users, while using cryptography to secure the transaction records. It uses the technique of cryptography to