Comprehensive Consultation Needed to Make Indian Legal Market Global, Says Law Secretary

Team SoOLEGAL 13 Nov 2017 11:46am

Comprehensive Consultation Needed to Make Indian Legal Market Global, Says Law Secretary

"It is crucial to expand the sphere of the Indian legal services not only within the court system but outside it as well", said Union Law Secretary Suresh Chandra.

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 has said.

He was speaking at a day-long summit organised by the Indian National Bar Association and Ministry of Commerce and Industry on reforms in the Indian legal sector.

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.

"Furthermore, a robust mechanism is required for developing the legal system on the basis of reciprocity. Besides, there is also a need for comprehensive consultation with all stakeholders. This has to be gradual and in calibrated manner, not a high-inaugural activity", said Chandra.

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 Industry and senior advocate R S Suri, president of the Supreme Court Bar Association.

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. [Source PTI]

Tagged: Indian legal services   Union Law Secretary   Indian National Bar Association   Ministry of Commerce   Supreme Court Bar Association  
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