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Bitcoin Stories: Suril and Nishith Desai, Nishith Desai and Associates (Episode 049)�Our Bitcoins Practice Group examined the issue from techno-legal perspective, and we have found that Bitcoins per se are not illegal in India. Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New. Nishith Desai Associates (NDA) are pioneers in Bitcoin Practice in India and have advised start-ups, entrepreneurs and investors.