India’s government plans to liberalize the legal sector around November, Salman Waris, an executive committee member of the Indian National Bar Association (INBA), told Asia Business Law Journal.
“They are looking at a timeline of three to four months to liberalize the sector,” said Waris, who was present at a meeting in late July at the law ministry in Delhi, attended by Minister of Law and Justice Ravi Shankar Prasad, Commerce Secretary Rita Teaotia, Bar Council of India (BCI) chairman Manan Kumar Mishra and representatives from the Bar Association of India, Society of Indian Law Firms and INBA.
Teaotia said that the issue was a top priority for Prime Minister Narendra Modi.
“The government wants to amend the Advocates Act and introduce necessary changes in the Special Economic Zones Act to permit foreign law firms to set up offices in SEZs like the Gujarat Financial Tech City (GIFT),” said Waris.
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