Dr Lalit Bhasin appointed as the new IACC National President

Dr Lalit Bhasin appointed as the new IACC National President

Dr Lalit Bhasin, an eminent lawyer with 60 years of standing in the legal profession has been elected as the National President of Indo-American Chamber of Commerce (IACC). He also holds various prestigious positions such as the President of the Society of Indian Law Firms (SILF) as well as the President of Indian Law Foundation, Immediate Past President of the Bar Association of India, Chairman, Chartered Institute of Arbitrators – India, Honorary Life Member National Committee on Legal Services, Member, International Court of Arbitration Paris, an allied body of the International Chamber of Commerce Paris among others. He formerly was the Chairman at Delhi Bar Council and for the Film Certification Appellate Tribunal.

Dr Lalit Bhasin, the Managing Partner of Bhasin & Company, is the Honorary Life Member at International Bar Association (IBA), the only Indian to be honoured by IBA.

The 54th National President of IACC, Dr. Bhasin, before being elected as the National President of the prestigious body unanimously, was the Executive Vice President of IACC. IACC was set up in October 1968 and is headquartered in Mumbai, having 14 offices all over India, with a large membership from large, medium and small business entities.

Dr. Bhasin after taking over the leadership of the IACC said, "I am privileged to lead the IACC at a time when the Indo-US partnership is poised to leapfrog in many areas and directions thanks to the direction and support being given by the leadership of Prime Minister Narendra Modi and President Joe Biden: IACC will draw strength from that rare bonding between our two countries to sharpen broad contours of engagements to take it to the next level."

Dr Bhasin's association with IACC has been long, rich and trailblazing. Dr Bhasin created new and innovative pathways for extended interactions with businesses of both countries thereby giving a new direction and purpose to the bilateral body by. Dr Bhasin was instrumental in giving a new meaning and purpose to the Indo-US Economic Summit, the annual signature event of IACC, which has already completed 19 editions. It is now reckoned as the most effective platform for business to business and business to government dialogues on bilateral perspectives and issues and at the same time flagging newer opportunities and challenges for furthering investment, trade and technology transfer.

Dr Bhasin even pioneered the annual events for IACC like Indo-US Services Summit and Indo-US Legal Summit to promote track 2, dialogue in these domains, which are pivotal to add value to the growing economic partnership.

Dr Bhasin's 60 years of eminent association with legal practice took him to several leadership positions in the profession. Dr Bhasin is closely associated with India's apex business organizations like CII, PHD CCI and served as chairman of its legal committees.

Significantly, Dr Bhasin has been decorated with a number of prestigious awards for his contributions in the legal services, including Doctor of Laws (LL. D.) Honoris Causa by Jaipur University (2013), the Plaque of Honor by the Prime Minister of India for outstanding contribution to the Rule of Law (2002), the President of India's National Law Day Award (2007).