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Which of the following statements are correct regarding the legal services sector in India?
1. FDI is not permitted in this sector.
2. Foreign service providers can be appointed as partners.
3. Indian advocates are not permitted to enter into profit-sharing arrangements with persons other than Indian advocates.
Choose from the following options.
  • a)
    1 and 2 Only
  • b)
    2 and 3 Only
  • c)
    1 and 3 Only
  • d)
    All of them
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements are correct regarding the legal ser...
  • In this sector, FDI is not permitted and international law firms are not authorised to advertise and open offices in India.
  • Foreign service providers can neither be appointed as partners nor sign legal documents and represent clients.
  • The Bar Council is opposed to the entry of foreign lawyers/law firms in any manner.
  • Indian advocates are not permitted to enter into profit-sharing arrangements with persons other than Indian advocates.
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Which of the following statements are correct regarding the legal services sector in India? 1. FDI is not permitted in this sector.2. Foreign service providers can be appointed as partners.3. Indian advocates are not permitted to enter into profit-sharing arrangements with persons other than Indian advocates.Choose from the following options.a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'C'. Can you explain this answer?
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