tag:blogger.com,1999:blog-3202774368551476669.post3935924306554940391..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: FDI Guidelines to Apply to LLPsUmakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3202774368551476669.post-18413845473391738702009-10-14T13:02:34.536+05:302009-10-14T13:02:34.536+05:30Does that mean a foreign investor will be able to ...Does that mean a foreign investor will be able to invest/buy stake in an Indian law firm which is run as a LLP?<br /><br />Given that the government has conceded to the industry’s concerns in permitting foreign law firms to open shops in India, foreign law firms (either by itself or through investment companies) would find it worthwhile to take exposure in the Indian legal market by investing in the medium and large size law firms. This funding will also give the investee firm financial muscle to compete with top tier law firms.<br /><br />Comments are welcome.<br /><br />Warm Regards,<br />LawmanLawmannoreply@blogger.com