Categories:India & Pakistan

Indian liberalisation comes closer with LLP Act

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Readers' comments (5)

  • The dam is crumbling

    India's equity partners can not whold on to the money for all of time. Non-equity lawyers outnumber equity partners by 10 to 1 if not more, and liberalisation is un avoidable. India is a democracy!

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  • The dam is crumbling

    India's equity partners can not whold on to the money for all of time. Non-equity lawyers outnumber equity partners by 10 to 1 if not more, and liberalisation is un avoidable. India is a democracy!

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  • Dream On

    Associating the LLP bill with the liberalisation of the legal sector is like associating apples with oranges. The Indian legal sector will not be opened up for 3-5 years. Dream on.

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  • a good beginning

    This would be a substantial move forward but other things would need to be done. Including setting up a regulatory regime going forward.

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  • Like any new thing or change, people resist and do not see opportunities. It would be helpful to read an article on practice in India by foreign LLP at http://www.livemint.com/2008/11/03001137/Bar-Council-mulls-rules-for-en.html

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