
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.
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Bar Council of India (BCI)
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Source:IE
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