Shourya Mandal, partner of Fox Mandal, one of the oldest and largest law firms in India, has taken over the National President of Indo-American Chamber of Commerce (IACC) for the term 2012-13.
Business communities of the US and India are currently making efforts to evolve a legal framework that can serve their interests and partnerships.
Both countries are closely working on the bilateral investment treaty and gearing up for having a re-look at the laws governing intellectual property rights and an early conclusion of double taxation avoidance treaty.