Thursday, June 20, 2013

The end of the Notary Public in sight?

Cornell University's Virtual Notary, I suppose, is another indication of the inevitable - any thing that can be done by 'self-help' will not require any intermediary. There are obvious economic and efficiency benefits though that is normally not what motivates governments. Chances are that social and electoral pressures will force the governments also to fall in line fairly soon.

I am always amazed at the number of lawyers sitting outside the court in Chandigarh on tables in a covered veranda and working as notary publics. Stamping papers, getting standard texts typed on stamp papers. What a waste of education!

Speaking of stamp papers, I am wondering how the Chandigarh administration will handle that requirement when introducing "100 important services to go online"!

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