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No permission to foreign law firms to open Liaison Office- (Reserve Bank of India) (29 Oct 2015)

MANU/APDR/0083/2015

Banking

The Reserve Bank of India has notified, in compliance with Supreme Court of India directions that foreign law firms are not allowed to open Liaison Offices in India. However, firms that been permitted to open and operate such offices can continue to do so till permission is in force.

Relevant : Bar Council of India v. A.K. Balaji and Ors. MANU/SC/0548/2012

Tags : FOREIGN LAW FIRM   LIAISON   OFFICE   RBI  

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