No
foreign law firm shall be permitted to open any Liason Office in India till
further notification. However, foreign law firms which have been granted
permission prior to the date of interim order of Supreme Court, may be allowed
to continue provided such permission is still in force. No fresh permission/
renewal of permission shall be granted till the policy is reviewed based on
final disposal of the matter by the Hon’ble Supreme Court.
Based on RBI
Circular dt 29/10/15. Please visit www.rbi.org.in for any further clarification
if required….. Poppy
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