1. Home >
  2. Export Import News >
  3. SEZ >
  4. No decision on allowing foreign law firms in India: Sources >
  5. No decision on allowing foreign law firms in India: Sources

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

No decision on allowing foreign law firms in India: Sources.

Date: 07-03-2017
Subject: No decision on allowing foreign law firms in India: Sources
MUMBAI: Government is likely to maintain a status quo and avoid giving clarity around whether foreign law firms can operate from India or not.

This comes about two months after the ministry of commerce and industry on January 3 amended a rule allowing foreign law firms to set up offices and advise clients from Indian SEZs.

Before January 3, India did not permit multinational law firms to operate in the country. Indian law firms were also not allowed to operate from any of the SEZs. ET was first to report in January that new rule was amended which was set to benefit financial centres, but initially Gujarat International Finance Tec-City (GIFT).

The January amendment was made by commerce ministry while whether to allow a foreign law firm in India is a purview of ministry of law & justice, say industry experts.

Representatives of Society of Indian Law Firms (SILF), a body comprising the country's top-100 law firms and the apex representative organisation for corporate commercial and litigation law, had recently met the senior government officials in ministry of law and justice.

According to a person who was present in the meeting, government has given an assurance that foreign law firms won’t be allowed in India. 

Citing the ET’s January story, Lalit Bhasin, president, SILF, had written to all its members and said that the government’s decision was a “sudden and significant “development. SILF has mailed a questionnaire comprising five questions to its members seeking their opinion on whether such a notification could be issued by the department of commerce in the first place. It wanted to know whether the Bar Council of India had given its approval for this and who would monitor the foreign law firms. They also wanted to know if the foreign law firms could practice throughout India from the SEZ. 

The issue could cause a face-off between two government ministries and in the meantime foreign law firms may choose to stay away from India till more clarity is provided, say industry trackers.

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 25-08-2020

Date: 12-07-2020
Instruction No. 12/2020-Customs
Requirement of AGMARK certification prior to import of Blended edible vegetable oils-reg.

Date: 10-07-2020
Notification No. 30/2020 - Customs
Seeks to amend notification No. 09/2012-Customs dated 09.03.2012, providing for extension of last date of re-import by three months, for those cases where the last date of such re-import falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

Date: 10-07-2020
Instruction No. 11/2020-Customs
Requirement of Veterinary Certificate for Import of Milk and Milk Products into India-reg

Date: 09-07-2020
Notification No. 18/2020-Customs (ADD)
Seeks to extend anti-dumping duty on import of Phenol originating in or exported from South Africa, imposed vide Notification No. 32/2015-Customs(ADD) dated 10.07.2015, up to and inclusive of 9th January, 2021.

Date: 08-07-2020
Notification No. 17/2020-Customs (ADD)
Seeks to levy definitive anti-dumping duty on imports of ' Steel and Fibre Glass Measuring tapes and their parts and components ',originating in, or exported from, People's Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR

Date: 06-07-2020
Notification No. 29/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.

Date: 06-07-2020
Circular No.32/2020-Customs
Circular No.32/2020-Customs dt 6th July 2020 on Turant Customs – Turant Suvidha Kendra and Other Initiatives for Contactless Customs - reg.

Date: 02-07-2020
Notification No. 55/2020 - Customs (N.T.)
Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020.

Date: 01-07-2020
Notification No. 58/2020 – Central Tax
Seeks to make eighth amendment (2020) to CGST Rules

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001