38.6c New Delhi, India, Friday, March 29, 2024
Business

Foreign Law Firms can advise Indian clients on ‘fly in and fly out’ basis but cannot set up offices in India

By LawStreet News Network      13 March, 2018 01:10 AM      0 Comments

The Supreme Court on Tuesday held that Foreign Law Firms cannot set up their offices in India or practice in Indian Courts. But they can give advice to Indian clients on 'fly in and fly out' basis.

The Bench comprising of Justice Adarsh Kumar Goel and Justice UU Lalit upholding the Madras High Court and Bombay High Court judgments has directed the Centre and BCI to frame rules in this regard.

The Court also allowed the foreign lawyers to appear in International Commercial Arbitration subject to relevant institutional rules.

The apex court took up the case in July 2012 when an appeal was filed by the Bar Council of India against the Madras High Court judgment.

The Madras High Court in its judgment dated February 21, 2012, had held that foreign lawyers or foreign law firms cannot practice in India unless they fulfill the requirements of the Advocates Act, 1961 and the Bar Council of India Rules. However, they are allowed to visit India on 'fly in and fly out' basis for the purpose of giving legal advice on foreign law to their clients in India.

Since the Indian Government proposal to allow foreign players in the Country, many lawyers have expressed their reservations on the entry of the foreign law firms, as then they will experience difficulty in competing with the rates offered by their larger peers, consequently, affecting their practice.



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

arvind-kejriwals-plea-for-interim-release-rejected-by-delhi-high-court
Trending Judiciary
Arvind Kejriwal's plea for interim release rejected by Delhi High Court [Read Order]

Delhi High Court rejects Arvind Kejriwal's plea for interim release in money laundering case related to liquor policy scam, pending ED's response.

28 March, 2024 10:50 AM
youtuber-strings-plea-against-youtube-accounts-suspension-andhra-pradesh-hc-issues-notice-to-centre-google
Trending Top Stories
BREAKING: Youtuber String’s plea against Youtube accounts suspension: Andhra Pradesh HC issues notice to Centre, Google

Andhra Pradesh High Court issues notice to the Centre and Google LLC on Youtube journalist String’s plea against suspension of its accounts by Google (which owns Youtube).

28 March, 2024 11:26 AM

TOP STORIES

delhi-liquor-scam-court-remands-arvind-kejriwal-to-ed-custody-till-march-28-read-remand-application
Trending Judiciary
Delhi liquor scam: Court remands Arvind Kejriwal to ED custody till March 28 [Read Order]

Delhi liquor scam: Arvind Kejriwal remanded to ED custody till March 28. Court grants agency permission for interrogation in liquor policy case.

23 March, 2024 11:53 AM
sc-dismisses-centres-plea-for-review-of-judgment-directing-ed-to-furnish-written-grounds-of-arrest-to-pmla-accused
Trending Judiciary
SC dismisses Centre’s plea for review of judgment directing ED to furnish written grounds of arrest to PMLA accused [Read Order]

Supreme Court dismisses Centre's plea, upholds judgment mandating Enforcement Directorate to provide written grounds of arrest in PMLA cases.

23 March, 2024 03:14 PM
kerala-hc-to-hear-lesbian-couples-plea-against-forced-conversion-therapy-on-april-9
Trending Judiciary
Kerala HC to hear lesbian couple’s plea against forced conversion therapy on April 9

Kerala HC will hear a lesbian couple’s plea highlighting that one of them was subjected to forced conversion therapy.

23 March, 2024 03:30 PM
how-can-people-be-compelled-to-vote-madras-hc-asks
Trending Judiciary
“How can people be compelled to vote? Madras HC asks

“How can people be compelled to vote?”, the Madras HC queried in a plea asking employers in Tamil Nadu to demand proof from employees of having voted on polling day.

23 March, 2024 05:04 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email