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Firms use interim tactics to position for Indian liberalisation

Who you foolin?? Whilst its true that liberalization of the Indian market has taken long, a lot of the blame must be attributed to the tactics adopted by the global firms. Their intensions are purely selfish and profit orientated. this is understandable from a free market perspective but no real attempt has been made to address the underlying issues. who is bradley foolin when he claims that CC is not practicing indian law. for that matter, the hordes of lawyers in linklaters are doing the same thing. they are in fact providing indian law advice and marketing themselves accordingly. the interiem tactics to position for india must be carefully srutinized by indian and english regulators to ensure that regulatory lines are observed. full scale investigation by regulators at both ends is called for. the english law society cannot connive with the likes of bradley and co, and must adopt an independant regulators stance. have the hordes of indian qualified lawyers, including people likle guptan and partha promised to surrender their indian licenses?? this must be done if the claim of not practising indian law is to be credible.

3-Sep-2008

9:36 am