{"id":50492,"date":"2017-11-13T10:34:50","date_gmt":"2017-11-13T05:04:50","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=50492"},"modified":"2017-11-13T10:34:50","modified_gmt":"2017-11-13T05:04:50","slug":"consultation-needed-make-indian-legal-market-global-law","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/consultation-needed-make-indian-legal-market-global-law","title":{"rendered":"Consultation needed to make Indian legal market global: Law"},"content":{"rendered":"<figure id=\"attachment_49357\" aria-describedby=\"caption-attachment-49357\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"49357\" data-permalink=\"https:\/\/www.legalindia.com\/news\/press-doesnt-exclusive-right-criticise-anyone-court\/right-to-criticise\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?fit=300%2C168&amp;ssl=1\" data-orig-size=\"300,168\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"right to criticise\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?fit=300%2C168&amp;ssl=1\" class=\"wp-image-49357 size-medium\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?resize=300%2C168&#038;ssl=1\" alt=\"Consultation needed to make Indian legal market global: Law\" width=\"300\" height=\"168\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?w=300&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/08\/right-to-criticise.jpg?resize=150%2C84&amp;ssl=1 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-49357\" class=\"wp-caption-text\">Consultation needed to make Indian legal market global: Law<\/figcaption><\/figure>\n<p>There is need for a comprehensive consultation with all stakeholders as the advent of foreign direct investment (FDI) and globalisation is giving bigger opportunities to Indian lawyers, Union Law Secretary Suresh Chandra has said.<\/p>\n<p>He emphasised that there is a dire need to bring transformation in the traditional techniques and reforms which have been practiced in the country for years in the wake of the evolution of information technology and advancement in the means of transport.<\/p>\n<p>Chandra was speaking at a day-long summit organised by the Indian National Bar Association and Ministry of Commerce and Industry yesterday on reforms in the Indian legal sector.<\/p>\n<p>He said that it is crucial to expand the sphere of the Indian legal services not only within the court system but outside it as well.<\/p>\n<p>&#8220;Furthermore, a robust mechanism is required for developing the legal system on the basis of reciprocity.<\/p>\n<p>Besides, there is also a need for comprehensive consultation with all stakeholders. This has to be gradual and in a calibrated manner, not a high-inaugural activity,&#8221; Chandra said.<\/p>\n<p>Around 11 bar associations from across India were part of the event in which prominent speakers were Satya Pal Singh, the minister of state for HRD (Higher Education), Sangeeta Saxena, additional economic advisor, Ministry of Commerce and and Industry and senior advocate R S Suri, president of the Supreme Court Bar Association.<\/p>\n<p>The conclave held a series of interactions on various opportunities and on-going challenges that have recently emerged with the arrival of globalisation in the Indian legal sector.<\/p>\n<p>One of the key objectives of the event was to seek views on transforming India into a hub of international arbitration, which could facilitate an improved business climate for domestic and international commercial transactions.<\/p>\n<p>( Source &#8211; PTI )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is need for a comprehensive consultation with all stakeholders as the advent of foreign direct investment (FDI) and globalisation is giving bigger opportunities to Indian lawyers, Union Law Secretary Suresh Chandra has said. He emphasised that there is a dire need to bring transformation in the traditional techniques and reforms which have been practiced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49357,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[146,6037,31987,557,40805,117,80,40806],"class_list":["post-50492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-court","tag-fdi","tag-featured","tag-foreign-direct-investment","tag-indian-legal-market-global","tag-law","tag-legal-news","tag-suresh-chandra"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consultation needed to make Indian legal market global: Law - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"There is need for a comprehensive consultation with all stakeholders as the advent of foreign direct investment (FDI) and globalisation is giving bigger - Get the latest legal news from the Supreme Court, High Courts, and government. 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The PIL alleged that both have been openly violating FDI norms for marketplace model of e-commerce and circumventing them by routing hot-selling products at\u2026","rel":"","context":"In &quot;Business Law News&quot;","block_context":{"text":"Business Law News","link":"https:\/\/www.legalindia.com\/news\/category\/business-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/07\/3.jpg?fit=620%2C414&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/07\/3.jpg?fit=620%2C414&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/07\/3.jpg?fit=620%2C414&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":39860,"url":"https:\/\/www.legalindia.com\/news\/govt-to-come-out-with-definition-of-e-commerce-nirmala","url_meta":{"origin":50492,"position":1},"title":"Govt to come out with definition of e-commerce: Nirmala","author":"Legal India Admin","date":"November 15, 2015","format":false,"excerpt":"The government is working on the definition of 'e-commerce' to clear the air over key issues such as taxation and foreign investment in the burgeoning sector. Commerce and Industry Minister Nirmala Sitharaman said her ministry has received inputs from almost all the states on the issues related with FDI in\u2026","rel":"","context":"In &quot;Consumer Law News&quot;","block_context":{"text":"Consumer Law News","link":"https:\/\/www.legalindia.com\/news\/category\/consumer-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/08\/NCDRC.jpg?fit=420%2C239&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":61135,"url":"https:\/\/www.legalindia.com\/news\/cyril-amarchand-mangaldas-advised-marsh-international-holdings-on-acquisition-of-43-01-percent-stake-in-marsh-india-insurance-brokers","url_meta":{"origin":50492,"position":2},"title":"Cyril Amarchand Mangaldas Advised Marsh International Holdings on Acquisition of 43.01 percent Stake in Marsh India Insurance Brokers","author":"Legal India Admin","date":"December 27, 2021","format":false,"excerpt":"\u00a0 Mumbai, Maharashtra, IndiaCyril Amarchand Mangaldas acted as legal counsel to Marsh International Holdings, Inc. (Marsh International) on purchase of 43.01% of the shareholding of Marsh India Insurance Brokers Private Limited (Marsh India Insurance Brokers). As a result, Marsh International now holds approximately 92% of the paid up share capital\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57491,"url":"https:\/\/www.legalindia.com\/news\/make-india-a-hub-for-world-class-legal-practice-and-legal-education-harvard-professor-professor-david-b-wilkins","url_meta":{"origin":50492,"position":3},"title":"Make India a hub for world class legal practice and legal education : Harvard professor Professor David B Wilkins","author":"Legal India Admin","date":"September 2, 2019","format":false,"excerpt":"India has the potential to be one of the premier countries for legal practice and legal education, said Professor David B Wilkins of Harvard Law School. The Indian bar, therefore, should not be afraid of competing with lawyers from around the world, both here in India and abroad, he said.\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/09\/Harvard-professor-Professor-David-B-Wilkins.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":28070,"url":"https:\/\/www.legalindia.com\/news\/consumer-is-king-sc-says-and-clears-hurdles-for-fdi-in-retail","url_meta":{"origin":50492,"position":4},"title":"Consumer is king: SC says and clears hurdles for FDI in retail","author":"Legal India Admin","date":"May 2, 2013","format":false,"excerpt":"NEW DELHI: The\u00a0Supreme Court\u00a0today cleared the hurdles for the implementation of\u00a0FDI in multi-brand retail\u00a0sector saying that the \"consumer is king and if that is the philosophy working behind the policy then what is wrong\". The apex court said the policy aimed at \"throwing out\" the middleman, who are \"curse to\u2026","rel":"","context":"In &quot;Corporate Law News&quot;","block_context":{"text":"Corporate Law News","link":"https:\/\/www.legalindia.com\/news\/category\/corporate-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39174,"url":"https:\/\/www.legalindia.com\/news\/how-can-e-commerce-sites-be-retailers-for-tax-and-not-for-fdi-delhi-hc-2","url_meta":{"origin":50492,"position":5},"title":"How can e-commerce sites be retailers for tax and not for FDI?: Delhi HC","author":"Legal India News","date":"September 27, 2015","format":false,"excerpt":"The Delhi High Court has observed that if the central and state governments were not treating e-commerce sites likeFlipkart and Amazon as retailers for foreign direct investment (FDI), they cannot be treated as retailers for taxation purposes. Justice Rajiv Sahai Endlaw was of the \"prima facie\" view that if governments\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"How can e-commerce sites be retailers for tax and not for FDI?: Delhi HC","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/delhi-high-court.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-d8o","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/50492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=50492"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/50492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/49357"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=50492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=50492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=50492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}