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On the pretext of some misgivings in circulation regarding the recently published BCI notification allowing entry of foreign lawyers and law firms in India, BCI clarified the restricted scope for practice.
On the pretext of the words by V.R. Krishna Iyer, J. on the Indian legal profession being treated among the noble professions, and restricting commercial competition or procurement associated with the legal profession, Bar Council of India allows entry of foreign lawyers and foreign law firms in India.
No fresh permissions/ renewal of permission shall be granted by the Reserve Bank/AD Category-I banks to any foreign law firm for the