The current turbulence in financial markets and institutions – particularly in the USA, has raised enquiries about the possible contagion. The money, government securities and foreign exchange markets have been stable in India and, in our view, they may not be vulnerable in terms of direct and first-round effects.
Problems associated with socalled robo-signing of documents include documents signed by individuals who do not have personal knowledge of the facts being asserted, documents signed by individuals who are not properly authorized to make such claims or assertions, notarized signatures on documents that were not executed in the presence of a notary or that have other violations of proper notary procedures, and documents that contain inaccurate amounts, dates, or other facts.