liberalisation
Jindal Global Law School (JGLS) Sonepat and the Indiana University Center on the Global Legal Profession is hosting a very interesting panel discussion today, which I intend to live blog here.
According to a copy of the minutes of the meeting of Society of Indian Law Firms (Silf) members on Monday, the SILF “decided to organise an interaction over dinner” with the recently re-appointed new law minister Ravi Shankar Prasad, the minister of state PP Chaudhary and law secretary Suresh Chandra, who is spearheading the liberalisation talks.
The Narendra Modi government’s push for the Goods and Services Tax (GST) bill and other legislation - including potential reforms of the legal services sector - could see another roadblock in the upcoming monsoon session of Parliament with the Congress getting set to attack the Centre on the Supreme Court verdict to restore the ousted Congress government in Arunachal Pradesh.
The Society of Indian Law Firms (Silf) meeting held in Delhi yesterday (11 July) to discuss its response and position to the Government proposal to liberalise the legal market, has seen the body set up a high-powered committee without any fundamental disagreements voiced about the next steps to take, according to several people who were present.
As we would have alerted our premium subscribers on Friday when we broke the news, something actually Big and Important has happened for the first time in ages on the liberalisation front.
The liberalisation process might never have been as advanced, but it remains a process fraught with sensitivity.
The Bar Council of India (BCI) has drafted rules to allow foreign lawyers to practice in India, with the law and justice ministry having invited other ministries and three other organisations to discuss the proposals on Tuesday (5 July).
A South Korean citizen who graduated from JGLS Sonepat last year is facing a dead end at the Bar Council of India (BCI), on her application to take the All India Bar Exam (AIBE). She took admission to JGLS relying on the reciprocity clause in the Advocates Act 1961.
'It will happen soon', says law ministry on liberalisation, but all depends on speed of bar councils
The bar councils are the only remaining speed bump in the government liberalising legal services, the law ministry secretary responsible for implementing the entry of foreign law firms said today.
An American Bar Association (ABA) source told Legally India that the ABA president Paulette Brown had met with the law minister yesterday and talked about liberalisation.
CMS has become the first international firm to open an office in Iran, two weeks after sanctions against the country were lifted by the US
Our third email newsletter this year talks of the costs of doing business, the possibility of liberalisation, and a long-expected party…
Finance Minister Arun Jaitley has expressed support for enabling foreign lawyers to establish a presence in India.
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.
Former commerce secretary and legal sector liberalisation architect Rajeev Kher assumed office as member at the Competition Appellate Tribunal (COMPAT) yesterday, according to its website, filling one of the two empty member posts which were last occupied at the tribunal in May 2014 and August 2014.
The Indian judiciary has been grappling with the question of whether to permit foreign lawyers to practice in India for more than two decades. After yesterday’s hearing in the Supreme Court, it doesn’t look like any end is in sight.
Brus Chambers, a Mumbai-based law firm has opened a subsidiary firm headquartered in New York.