x

Lakshmikumaran & Sridharan is a full-service law firm based in India. The firm has offices in 14 cities and has over 500 professionals specializing in areas such as corporate & commercial laws, dispute resolution, taxation and intellectual property.

Over the last three decades, we have worked with a variety of clients – start-ups, small & medium enterprises, large Indian corporates and multinational companies.

Our professionals have experience of working in both traditional sectors such as commodities, automobile, pharmaceuticals, petrochemicals and modern sectors such as e-commerce, big data, renewables.

INSIGHTS

NEWS

`7 August 2025

Time limit for SCN and adjudication under Section 73 – Notifications Nos. 9 and 56/2023-CT are illegal

The Madras High Court has held that Notifications Nos. 9 and 56/2023-Central Tax, issued for the purpose of increasing the time limits for issuance of SCN and adjudication under Section 73 of the CGST Act, 2017 are illegal and are vitiated for the following reasons.

NEWS

`5 August 2025

Report of Expert Committee on positioning GIFT IFSC as Global Commodity Trading Hub

The International Financial Services Centre Authority (IFSCA) had constituted an Expert Committee on Positioning GIFT IFSC as a Global Commodity Trading Hub (‘Committee’) in May 2024 to enable commodity trading in the International Financial Services Centre, GIFT City, Gandhinagar (‘IFSC’) with an aim to integrate IFSC ecosystem with global trade flow and capitalise on the integration opportunities with the global commodity hubs.

NEWS

`7 July 2025

Substitution of assets attached by the Enforcement Directorate under PMLA: SC

In a recent case, the Hon’ble Supreme Court has passed an order (‘Order’)[1], allowing the substitution of provisionally attached assets with unencumbered, marketable commercial units offered by the Petitioner subject to the satisfaction of certain conditions.

LKS Careers

Multidisciplinary teams with background in law, business, process, project management, technology, and more; built on a bedrock of Indian values and diverse perspectives

LKS Internships

Law students will find that internship at LKS could be one of the most enriching experiences. The Senior members of our team are committed to mentoring and guiding you towards achieving your goal of getting ready for a flying start to your career.