Litigation in India? Don’t do it! That was the advice of Pallavi Shroff, a partner with Amarchand & Mangaldas & Suresh A. Shroff & Co. in New Delhi.
She was speaking with five other panelists on an ABA discussion of “Doing Buinesss in India: New Economy, Emerging Opportunities.”
“The court system tends to be a little slow,” said Shroff, a partner who handles commercial litigation and competition matters.
Talat Ansari, an attorney with Kelley Drye & Warren in New York who was also on the panel, echoed that suggestion. Indian hearsay has it that the country had the world’s longest litigation at a record 250 years, he said.
“It’s better to have a dispute resolution clause in your contracts,” Ansari said.
And by the way, U.S. lawyers credentials aren’t likely to be recognized in Indian courts anytime soon, Shroff said. Current regulations, changes pending in parliament and the lack of reciprocity are likely to keep U.S. lawyers on the sidelines for a while, she said.
THIS IS STUPIDITY ON THE PART OF THOSE ADVOCATES WHO ARE GIVING FREE AND SOLITITED ADVICE ABOUT INDIA. THE LEGAL SYSTEM IN INDIA IS BEST IN THE WORLD, THE DELAY IN DISPENSATION IN JUSTICE BECAUSE OF LACK OF ENOUGH PUBLIC FUNDING BECAUSE OF ABYSMAL POVERTY.
NAGA SRINIVAS RAO
ADVOCATE
HYDERABAD - INDIA.
E-mail : nagasrinivasrao@justice.com
Posted by: NAGA SRINIVAS RAO | 08/03/2009 at 01:18 PM