Foreign lawyers, firms can operate in India: Bar Council

In Context

  • Recently, the Bar Council of India permitted foreign lawyers and law firms to practice in India.
  • The Bar Council of India had notified the Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 2022.

About the Rules

  • A foreign lawyer registered under rules shall be entitled to practice law in India in non-litigious matters only.
  • The foreign lawyers and law firms  need to register with BCI to practice in India if they are entitled to practice law in their home countries.
    • But, they have not been permitted to appear before any courts, tribunals or other statutory or regulatory authorities.
  • Section 29 of the Advocates Act, states that only advocates enrolled with BCI can practise law.
  • They are allowed to practice transactional work /corporate work such as joint ventures, mergers and acquisitions, intellectual property matters, drafting of contracts and other related matters on a reciprocal basis.

Significance

  • These rules will help to address the concerns expressed about the flow of Foreign Direct Investment in the country and making India a hub of International Commercial Arbitration.
  • Many countries have already allowed foreign lawyers to practice foreign law and diverse international legal issues and arbitration matters in their countries in restricted fields with specific and prescribed conditions.

Bar Council of India (BCI)

  • About: 
    • The BCI is a statutory body established under the section 4 of Advocates Act 1961 that regulates the legal practice and legal education in India.
    • Its members are elected from amongst the lawyers in India and as such represents the Indian bar.
  • Functions:
    • It prescribes standards of professional conduct.
    • It also sets standards for legal education
    • grants recognition to universities for degree in law 
    • Safeguard the rights, privileges and interests of advocates
    • Promote and support law reform
    • Deal with and dispose of any matter which may be referred by a State Bar Council
    • Organise and provide legal aid to the poor.
    • Recognise foreign qualifications in law obtained outside India for admission as an advocate.
  • Structure:
    • It consists of members elected from each state bar council, and the Attorney General of India and the Solicitor General of India who are ex officio members.
    • The council elects its own chairman and vice-chairman for a period of two years from among its members.

Source:IE

 

Other News of the Day

In News Recently, scientists from Jammu obtained a photographic record of the semi-aquatic carnivorous mammal in a tributary of the Chenab river. About Otters are mammals of the family Mustelidae consisting of 13 species. They are found in every continent except Australia and Antarctica.  The Eurasian otter covers the largest range of any Palearctic mammal....
Read More

In News OpenAI has announced GPT4, the latest version of its large language model that powers key applications like ChatGPT and the new Bing. What is ChatGPT? ChatGPT is an artificial-intelligence chatbot developed by San Francisco-based AI research company OpenAI in 2022. It is a trained model which interacts in a conversational way. The dialogue...
Read More

In News Union government sets up committee for developing framework on Right to Repair in India. About The Ministry of Consumer Affairs, Food & Public Distribution, Department of Consumer Affairs has formed a committee to develop a comprehensive framework for the Right to Repair in India. The committee aims to generate employment through the Aatmanirbhar...
Read More

In News Recently, leaders of Australia, the United Kingdom and the United States met  at a  US  naval base  as a  part of AUKUS. About AUKUS is a new trilateral security partnership for the Indo-Pacific, between Australia, the UK and the US (AUKUS). Under the pact, the US and the UK will help Australia to...
Read More

In News  RBI Deputy Governor emphasizes the need for better rupee volatility management to deal with risks of internationalization. About The Reserve Bank of India is making efforts to reduce the use of the US dollar to stabilize the Indian rupee. One of the initiatives is allowing invoicing of international trade in Indian rupees instead...
Read More

In Context Recently, the Parliamentary panel raised concerns over budget cuts for the MGNREGA scheme. The Committee is concerned to note that Budget Estimates for MGNREGS have been reduced by Rs 29,400 crore for 2023-24 when compared to Revised Estimates of 2022-23. About The budget for MGNREGA was higher in 2020-21 to 2022-23 due to...
Read More

In News Two United States Senators, have introduced a bipartisan resolution reiterating that the US recognises the McMahon Line as the international boundary between China and India in Arunachal Pradesh. The resolution reaffirms India’s well-known and established position that Arunachal Pradesh, which China calls ‘South Tibet’, is an integral part of India. What is the...
Read More

In the News Recently, the Ministry of Tribal Affairs responded to a question in the Rajya Sabha, which raised concerns about the need for a revision in the criteria and procedure for inclusion in the Scheduled Tribes list. Who are Scheduled Tribes? The framers of the Constitution took note of the fact that certain communities...
Read More