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Attorney general KK Venugopal: Allowing foreign lawyers in Indian lawyers’ interest, banning them is ‘an impediment and we have to realise it’

Attorney general KK Venugopal spoke at an event late last month about foreign lawyers in India, according to the Times of India:

Someway or the other I think the Bar Council of India has not been looking at it with the same amount of concern which other nations have.

But India is not permitting them. They (foreign investors) are having joint ventures, bidding for projects. But we don’t allow this foreign legal consultancy.

This is an impediment and we have to realise it. The matter came up before the Supreme Court recently and the Supreme Court said that the maximum that can be permitted is for them to fly in and fly out.

If you have to attract foreign investors they have to have legal consultants of their choice. Law firm should realise that this is in their interest, foreign lawyers coming in and addressing their own clients.

...

International arbitrations require a totally different approach. Why is that India has not been able to be a successful centre for arbitration? The Singapore International Arbitration Centre are a busy centre of arbitration. And you will be surprised to know that a very large number of these cases are Indian cases, where the Indian government is involved.

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