Reserve Bank of India

29.10.2015

Banking

No permission to foreign law firms to open Liaison Office

MANU/APDR/0083/2015

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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