Foreign lawyers who fly into India to handle client matters will now have to inform the country's bar council before they come and will also have to disclose some client details, according to new rules published this week.The rules are part of detailed regulations that follow India's 2023 decision to permit foreign law firms to open India offices and advise in non-litigious, foreign or international law in areas such as M&A and corporate law. Prior to that, India only allowed a fly-in and fly-out system for foreign lawyers.But foreign lawyers who don't open offices and want to continue flying in now face stricter requirements - namely, filling in a declaration disclosing the client's name and contact information. The rules reiterated that lawyers can't stay in India for more than 60 days in a 12-month period."Any foreign lawyer or law firm shall be required to inform the Bar Council of India before its arrival in India and shall also intimate about the details of the work and its duration of its stay in India," said the rules.Though most transactions, even big-ticket ones, can be wrapped up in 60 days, the time limit on stays and other compliance measures are contrary to the intent of liberalising the industry, lawyers said. (ICE NEW DELHI)

Fonte notizia: Reuters