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    <title>No fresh permission/ renewal of permission to LOs of foreign law firms- Supreme Court’s directions</title>
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    <description>RBI shall not grant fresh permission or renewals for Liaison Offices of foreign law firms following the Supreme Court&#039;s interim orders; existing permissions granted before those orders may continue if still in force. This prohibition remains until the policy is reviewed, including in light of the final disposal of the Supreme Court matter. Category I Authorised Dealer banks must notify their constituents, and the directions are issued within the Foreign Exchange Management Act framework and without prejudice to other legal permissions.</description>
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