The Bar Council of Delhi (BCD) has issued notice to the Big Four accounting firms in a complaint filed by Society of Indian Law Firms (Silf) president Lalit Bhasin (read order below).

Can your accountant also assist you on drafting a joint venture agreement? Or is this work best left to a lawyer to check for compliance with various rules and legislation? And what happens when one company drops a nasty legal notice on the former joint venture partner? Is when things get contentious and litigious the line where only a lawyer can step in and take care of business?

Economic Times and ET Now reported that the Delhi bar council, after a written complaint by the Society of Indian Law Firms (Silf), has served written notice on the Big Four accountancy firms, PwC, Deloitte, KPMG and EY, for allegedly “engaging in the unauthorised practice” of law: Following the ind...

The global chartered accountancy (CA) firms dwarf even global law firms in revenue and have increasingly been getting into legal services, with PwC’s legal arm now having a headcount of lawyers equivalent to the world’s tenth-largest firm already generating $500m per year from law , reports the Econ...

PricewaterhouseCoopers’ legal services head Leon Flavell said that the consultancy firm would become a $1bn global legal services player, aiming to grow from the $500m it generated from legal services in 2013. In the UK the firm has won a licence to operate as an Alternative Business Structure (ABS)...

The Bar Council of India (BCI) wants chartered accountants and auditors banned from advising on income tax matters of values below Rs 60 lakh, therefore leaving the domain exclusively to advocates, reported the New Indian Express . The regulator has sent a communication dated 11 September to the Cen...

Everything you need to know.

Exclusive: Ex-Amarchand Mangaldas tax head Aseem Chawla has started a tax, business and corporate advisory law firm called MPC Legal with two co-founding partners, as the “best friend” firm of chartered accountancy (CA) firm Mohinder Puri & Co.

The ruling in the Chennai writ petition was hailed as pragmatic for solving the nearly two-year-old deadlock foreign firms were in. But frankly it is likely to continue exposing the deficiencies of the 1961 Advocates Act in dealing with modern-day India. And it could possibly plunge a number of industries into a world of pain via the Bar Council of India (BCI).