No “fresh permission or renewal of permission” shall be granted by the RBI to foreign law firms seeking to open a liaison office in India “till the policy is reviewed based on final disposal of the matter by the Supreme Court”, the _Reserve Bank of India (RBI) _said yesterday in a notification reported by the PTI.

This was possibly issued to comply with the Supreme Court orders in the AK Balaji case, most recently in September, directing the RBI to maintain the status quo, or there is an outside chance the notification was prompted by a foreign law firm inquiring about the status of the policy.

The [https://www.legallyindia.com/News/download-the-judgement-lawyers-collective-v-ashurst-chadbourne-parke-white-a-case Bombay high court had first artculated the ban in 2009 against Ashurst, White & Case and Chadbourne & Parke that had representative or liaison offices in India.