Indian Corporate Counsel Association (ICCA) Round Table
Role of In-house Counsels in Corporate sector in India has undergone a sea change in the last two decades. With the commencement of liberalization and globalization in early 1990s and with number of regulatory compliances increasing, role and scope of In-house Counsels in Corporate Sector has increased substantially. On the one hand they are valuable members of management teams, and on the other, they are also conscience keepers of their organizations, responsible for advising on compliance issues of regulations and statutes. This role has become increasingly sophisticated, although with liberalization, some restrictions have been removed while regulations have been made more stringent. The evolution of the regulatory framework has not yet stabilized in India. Against this backdrop, a group of In-house Counsels has decided to constitute a Special Forum to be known as the Indian Corporate Counsel Association(ICCA).