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Law firm scraps LLP after ‘illegal’ threats from Delhi Bar Council chairman

Legally India, every 14 days in Mint
Legally India, every 14 days in Mint
Mint exclusive: The Bar Council of Delhi chairman Rakesh Tiku sent a letter to law firms such as Khaitan & Co in Delhi, which have converted into a limited liability partnerships (LLPs), warning them that this could be professional misconduct.

Delhi bar council member and Luthra & Luthra partner Vijay Sondhi responded with a letter of his own, slamming Tiku’s warning as illegal, and one Delhi law firm mothballed its LLP firm to avoid the controversy.

Despite chartered accountants being allowed to operate as LLPs since July, the Bar Council of India (BCI) has not made any apparent progress in its decision on LLPs…

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