Indian law firms ask entry of foreign firms to be put on hold-letters
NEW DELHI, March 31 (Reuters) – A group of 125 law firms has called for a reform that will allow the entry of foreign firms into India to be put on hold, calling the proposal “discriminatory” and saying it creates an unlevel playing field between local and overseas companies.
In a 20-page letter to the Bar Council of India, dated March 30 and seen by Reuters, the Society of Indian Law Firms (SILF) argued that domestic reforms were needed before the market could be opened.
India’s Bar Council did not respond to Reuters’ request for comment on the letter.
India

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