Tag: India legal market liberalization

Advising clients in employment, industrial and technology law in India. An interview with Neeraj Dubey

Neeraj Dubey is a Partnerwith India’s Juris Corp. He has substantial experience in advising clients in employment, industrial and technology law with expertise encompassing business law, regulatory and compliance – with experience in industry sectors including real estate & infrastructure, e-commerce, aggregators and a variety of […]

Ritika Ganju, Former Phoenix Legal Partner sets up a new firm – ‘Rise Legal’

Ritika Ganju, a former partner in corporate and M & A practice of Phoenix Legal has set up a new law firm with partners, Tejas Patel, Aquib Ali and Meera Kaura. Rise Legal is a full-service law firm with a principal office in New Delhi with […]

Saraf and Partners advised Carlyle Group in pre-IPO transactions with RJ Corp, SBI MF and Novo Holdings

Saraf and Partners advised Carlyle Group in a pre-IPO transaction involving sale of its partial stake in Global Health Limited to a clutch of three investors namely (i) RJ Corp Limited; (ii) SBI Funds Management Limited; and (iii) Novo Holdings. Global Health Limited, which operates and […]

Luthra and Luthra expands its practices with new international Trade and Corporate Partners

Leading law firm Luthra and Luthra Law Offices India ramps up its practices in India by hiring Tamal Mandal and Abhilekh Verma as International Trade and Corporate Practice Partners, respectively. Tamal has joined the Firm’s Delhi office while Abhilekh will be based out of the Firm’s […]

India: Economic Forecasts Dip on Global Cues

With the Covid-19 pandemic waning in India, the other aspects of the economy came to the fore, especially the increasing inflation which appears to be one of the major factors dampening economic growth prospects. Most of the international financial institutions and global rating agencies have lowered […]

Luthra and Luthra elevates 31 members as it announces promotions for the year 2022

Luthra and Luthra Law Offices India celebrated its ‘32nd Annual Day’ on Saturday, the 10th of September 2022 in the most unique way with members gathered physically at respective offices and all offices connected virtually. The evening commenced with the Firm’s Founder & Managing Partner, Mr. Rajiv K Luthra addressing […]

Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice with L and L Partners

L&L Partners is delighted to announce that Krishnayan Sen, Founding Partner and Head of Disputes Practice at Verus, is set to merge his practice and join L&L Partners as a Partner in the Firm’s Disputes Practice at New Delhi with his team. Sen, an Advocate-on-Record at […]

India on Economic Growth Path, Albeit Slower

India continues its slow economic recovery while Covid-19 cases are rising once again in the country. The economic growth forecasts have been reduced by global financial institutions amidst internal issues including inflation and external issues comprising largely due to the supply chain disruption arising out of […]

L and L Partners advised ICICI Bank Limited on a re-financing transaction in relation to Rajiv Chowk and Gurugram National Highway – 248A

The Firm advised and acted for ICICI Bank Limited (“ICICI”) in connection with financial assistance sanctioned to Rajiv Chowk-Sohna Highway Private Limited for the purpose of re-financing part of existing secured indebtedness of the borrower company availed in relation to six-laning and strengthening of NH-248A from existing km 2.740 (Rajiv […]

India Focuses on Business Operational Improvements

India is a state of static recovery with Covid-19 cases remaining low and other internal as well as external factors impacting major economic rebounds. The war in Ukraine has disrupted supply chain routes and Covid related economic packages are now adding to the inflation increase. This […]

India Sees Glimpses of Pre-Pandemic Times

India is feeling the impact of the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. The situation relating to Covid 19 pandemic in India has seen significant improvement in the last month leading to lifting of restrictions across the country. We […]

India Improves Internally as Conflict Rages Externally

The third wave of Covid 19 pandemic in India abated as quickly as it has engulfed the entire country in a very short span of time. All activities have resumed in the country as the situation improved in the last few weeks. The forecasts by global […]

India Closes the Year with Economic Optimism

India continued to maintain momentum on economic recovery as projected forecast for growth was reduced by some global agencies. This is linked to the Covid 19 related situation prevailing in India currently. There has been a marginal rise in daily reported cases since the Omicron variant […]

‘The Thing About……Nishith Desai’  

Nishith Desai, founder of the eponymous firm Nishith Desai Associates, talks to Patrick Dransfield about strategy, technology and people management.

India: Renewed Interest in Entry of Foreign Law Firms

The discussion around entry of foreign law firms in India was resurrected recently. The economic slowdown is now even more glaring with ADB and IMF further lowering their respective April 2019 growth forecasts, which, together with the forecasts reported by World Bank and Fitch last month, […]

Supreme court of india

India virtually closes the door to entry of foreign law firms

The much awaited verdict of the Supreme Court of India was pronounced recently which virtually closed the door for entry of foreign law firms. The Government has drafted an updated defence policy which seeks to increase foreign direct investment in the sector. India and Canada have […]

Coronation park

India’s Indigenous Progress

As 2017 draws to a close, the Indian Government’s initiatives on ‘Make in India’ seems to have made significant progress in one industry. The labour law reforms undertaken by the Government in the last three years have been summarized recently in the Parliament. A Harvard Law […]

Narendra modi

Indian Prime Minister Pushes For Entry of Foreign Law Firms

The activities relating to entry of foreign law firms in India gathered pace this month as the Government actively took initiatives. The biggest impetus to keep the momentum going was the Prime Minister’s views and directives to enable the Government machinery to expedite. Some major changes […]

Courthouse

Chief Justice of India Inclined Toward Entry of Foreign Law Firms

India’s fast track regime for FDI approvals has become a reality now with the publication of the standard operating procedures in this regard. An additional condition has been proposed in Mauritius which will add to the compliance for companies routing their FDI into India through the […]

Rashtrapati Bhavan

India’s Law Commission Frames Rules to Recognise Foreign Lawyers

The Supreme Court has expressed its concern over unsatisfactory regulatory mechanism governing the advocates and observed in a case that there was an urgent need to review the provisions of the Advocates Act, 1961. The Law Commission of India, a body which looks into legal reforms, […]

Taj hotel mumbai

Legal services disruption in India: Risks and opportunities

For those lawyers and legal services sector professionals about to gather in Mumbai for IDEX Legal’s Asia Law Firm Management Congress (ALFMC) April 20th – thoughts of legal market liberalization and change hastened by technology are taking center-stage. But what do these things mean?  And what […]

Taj mahal india

Bar Council of India Stalls Entry of Foreign Lawyers

The Bar Council of India (BCI) has managed to throw a spanner into the Government’s steps to allow entry of foreign law firms. The Government continues its efforts to attract foreign investment with new and innovative initiatives and strategies. Entry of Foreign Lawyers – The Bar […]

India: Monsoon Cheers For Foreign Investment and Lawyers

The Government’s focus continues on improving various aspects of India’s overall outlook to foreign investors. This month there appeared to be increased focus on social development and various treaties were signed or made operational. Bar Council of India shared the draft rules for entry of foreign […]

Dome

India Declared A Top Destination for FDI

The Government’s efforts to make India a top destination for foreign investment received yet another boost when one of the world’s leading observer of global FDI gave it the top honours. The Government continued to open up more avenues for foreign investment. There are some fresh […]

India gate Delhi

Will India’s new government liberalize the country’s legal market?

Legal markets across the Asia-Pacific region have been liberalized in recent years.  Liberalization of the Singapore, Malaysia, Hong Kong, South Korean and Indian legal markets are all at various stages of development.  India, arguably, is the least liberalized among them.  Member states of the World Trade […]

Impact of Asian legal market liberalization outlined at Seoul conference

The impact of legal market liberalization upon specific legal jurisdictions in Asia was the subject of a panel discussion last week at the Inter-Pacific Bar Association Annual Conference in Seoul, Korea. Lawyers in the midst of these changes which are bringing new competitive pressures upon regional domestic markets highlighted the […]