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Criminal, anti-terror laws should not be misused to quell dissent: Justice Chandrachud
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Criminal, anti-terror laws must not be misused to quell dissent: SC judge
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Liberalisation is back on the agenda; then again, it has been for decades
Against the backdrop of Brexit and vaccine diplomacy the United Kingdom and India yesterday agreed to a deal to increase investments by $1.39bn and to work on a longer-term bilateral free trade deal between the countries (dubbed an “Enhanced Trade Partnership”), as widely reported.
The already announced deal includes agreements on migration and cooperation on climate change, technology and in the pharma sectors, as well as the commitment to soon begin full trade talks to hammer out the Enhanced Trade Partnership (ETP).
However, not widely covered and right at the bottom of the UK government s press release of the deal, as pointed out to us by an eagle-eyed reader, there is something that will be of interest to regular readers and followers of the ancient and never-ending story of Indian legal market liberalisation - ‘will they or won’t they?
Law firms are getting interested in the gifts of the GIFT (photo via GIFT)
IC Universal Legal last week opened an office in the
Gujarat International Finance Tec-City (GIFT), with
Cyril Amarchand Mangaldas, hot-on-its-heels, announcing today that it had also done so.
The two law firms’ moves follow a new February 2021 regulatory regime in the GIFT special economic zone (SEZ) announced last month. J Sagar Associates (JSA) after having been first to open in the GIFT in 2017, had not renewed its licence during the pandemic.
IC Universal wrote in a statement last week: “The firm has opened its branch office in GIFT IFSC and has become the first law firm to receive the regulatory authorisation from International Financial Services Centres Authority (IFSCA) to provide legal, regulatory and compliance services from IFSCs.”
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