We are a family of strong 800+ people including 470+ professionals working from 14 locations across India.
We have a rich heritage and enduring legacy which are pivotal in shaping trust, excellence, and unparalleled legal expertise, thus building a strong reputation and a trusted brand.
We started in 1985 in a single room set up by the two founders with no prior experience of working in a law firm. Both the founders had outstanding academic records and focused on their deep understanding of the law to form the foundation of the firm.
Integrity, Knowledge and Passion are the principles that resonate with every member of our LKS family and the work that we do. These values drive us to build a community of legally sound professionals and well-serviced clients.
Everything we have accomplished over the last four decades is a result of our unique way of thinking which is deeply influenced by our core values and principles that define us.
We and our professionals consistently garner appreciation for the quality of our services and the depth of our legal expertise. This consistent acknowledgment serves as a testament to our unwavering commitment to exceed expectations.
We believe in empowering clients with knowledge. Through insightful seminars, webinars and trainings, we share our experience to help companies understand the ever-evolving legal landscape and issues that are shaping businesses globally.
To know more about the events listed below, you may send a mail to events@lakshmisri.com.
Breakfast Meeting on Personal Data Protection Bill, 2019
The introduction of Personal Data Protection Bill, 2019 before the lower house of the Parliament marks a new milestone for data privacy in India. The 2019 PDP Bill, and the Data Protection Authority to be created under it, will have the power to impact all types of business and industry.
Income-tax implications of debts settled under IBC
The insolvency and bankruptcy regime, with crucial rulings, timely legislative and regulatory action, has seen a number of amicable commercial settlement of long outstanding debts. The regime is further expected to smoothen recovery of debts from ailing borrowers.
Conference Call :- GST – Analysis of some recent developments
The new Goods and Services Tax (GST) regime has been developing at a fast pace. These developments can either happen by way of decisions pronounced by various judicial forums or by way of changes in law. It is important for the businesses to be up-to-date with the same.
Conference Call Advertising Standards Council of India - An analysis of powers of ASCI
The Advertising Standards Council of India, a voluntary self-regulatory body, has been exercising powers over the advertisements aired on television for a considerable amount of time. Only recently, has ASCI been vested with “powers” by the Central Government for advertisements in certain priority sectors such as food, health, education, housing, financial services and e-commerce. ASCI has been adjudicating complaints and passing strictures against violators according to the code drafted by it.
2019 has been a historic year in the evolution and development of the insolvency and bankruptcy regime, with crucial rulings, timely legislative and regulatory action.
Seminar on Export promotion schemes and Investigations
Lakshmikumaran & Sridharan (L&S) is participating as Knowledge Partner in a seminar series being organised by Institute of Business Laws (IBL), on in Bangalore, Mumbai, Chennai and New Delhi on 17th, 18th, 19th and 20th of December 2019, respectively.
Conference Call - Exemption from duty is not exemption from Cess, holds Supreme Court – A discussion
The issue as to whether cesses (education cess, Secondary and higher education cess, automobile cess and National calamity contingent duty (NCCD)) are also exempted when a notification exempts basic excise duty, has been under litigation for several years now.
Conference Call - Taxation Laws (Amendment) Bill – Key changes
The Taxation Laws (Amendment) Ordinance was promulgated on 20-9-2019 to bring in certain amendments to the Income Tax Act, 1961, providing option to corporate assessees to opt for a corporate tax rate of 22% and also an option to be taxed at 15% for assessees who commence production or manufacture before 31-3-2023. The Taxation Laws (Amendment) Bill was introduced on 25-11-2019 proposing to incorporate the changes in the Act and has been passed by the Lok Sabha on 2nd of December.
This is in succession to our previous con-call held on August 9, 2019. The Supreme Court in its judgment of Committee of Creditors of Essar Steel India Limited v. Satish Kumar Gupta dated November 14, 2019 (“Judgment”) has set aside the decision of the National Company Law Appellate Tribunal (“NCLAT”).
Conference Call GST- High Court decisions and ITC restrictions
The new Goods and Services Tax (GST) regime has been developing at a fast pace. These developments can either happen by way of decisions pronounced by various judicial forums or by way of changes in law. It is important for businesses to be up to date with the same.
