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 are pleased to present the latest edition of our quarterly newsletter, where we have covered significant amendments under company law, foreign exchange laws, securities laws and environmental laws. On the corporate law front, on one hand, significant amendments were brought about to provide certain relaxations for entities seeking registration as a company, including easing certain procedural requirements for obtaining registration as a company and easing compliances in respect of filings to be made for the of appointment of key managerial personnel. On the other hand, certain amendments have been geared towards tightening scrutiny and increasing disclosure requirements including disclosures relating to disqualification of directors, conversion of companies from one type to another, information to be provided by foreign companies in relation to its directors and related information.
Key updates under the Companies Act, 2013
Annual General Meeting (“AGM”) and Extraordinary General Meeting (“EGM”) can be held through video-conferencing or other audio-visual means till 30 September 2023.
Companies (Authorised to Register) Amendment Rules, 2023
Companies (Appointment and Remuneration of Key Managerial Personnel) (Amendment) Rules, 2023
Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2023
Companies (Registration Offices and Fees) Amendment Rules, 2023
Companies (Incorporation) Amendment Rules, 2023
Key updates under Foreign Exchange Laws
Rationalisation of Reporting in Single Master Form ("SMF")
Issuance of the Guidelines on Acquisition and Holding of Shares or Voting Rights in Banking Companies
