Lakshmikumaran & Sridharan > Mumbai, India > Firm Profile

Lakshmikumaran & Sridharan
MUMBAI 400 025

India > Tax Tier 1

The tax law practitioners at Lakshmikumaran & Sridharan bring their ‘in-depth and wide-ranging expertise‘ to a range of matters, from non-contentious issues to cases before the Supreme Court, assisting a varied client base that includes well-known multinationals as well as domestic start-ups. The team covers the range of disciplines, from GST and customs law to income tax issues. Founder and managing partner of the firm V Lakshmikumaran is a seasoned advisor across the full spectrum of tax matters. Charanya Lakshmikumaran is another key contact; her practice is particularly strong in indirect tax and dispute resolution. For direct tax, S. Vasudevan is the main contact. Above-named lawyers are all based in New Delhi, with Raghavan Ramabadran and Ravi Raghavan being the senior tax contacts in Chennai and Bengaluru, respectively. Amar Gahlot left the firm in August 2021.

Practice head(s):

V. Lakshmikumaran


‘LKS is among the best law firms in India for tax advice. LKS has, time and again, proven their in-depth and wide-ranging expertise in finding effective, sound and elegant resolutions to any such issues we may face. Their approach to finding solutions is underscored by the principle of minimising business disruptions, informed by their expert understanding of and familiarity with the business models and nuances of our industry, and characterised by a collaborative and cooperative style. These attributes, alongside their ability to put business interests first, make them a well-rounded and approachable firm and the first port of call for complex matters.’

‘S. Vasudevan and his team are very approachable and always walk the extra mile for us. Their research is thorough and advice practical. S. Vasudevan’s knowledge of Indian tax laws is second to none. His willingness to find innovative solutions to complex issues, but always firmly within the confines of the law, sets him apart from the rest.’

Key clients




Gas Authority of India Ltd

SC Johnson India

Unilever group

Jyothy Labs


Bharti Infratel-Entry Tax Litigation

Jyothy Laboratories

Godrej Agrovet

Ultratech Cement

Nuvoco Cement


Sanghi Cement


Sumitomo Corporation

Work highlights

  • Acted for Sony, Nikon and Canon in a Supreme Court case pertaining to the interpretation of WTO Notification and the power of the tax investigation agencies to issue show cause notices.
  • Advised the Gas Authority of India on a litigation against the Excise Department regarding the classification of Naptha Gas.
  • Assisting SC Johnson India, Unilever Group and Jyothy Labs with exemption cases across India.

India > WTO/international trade Tier 2

India > Antitrust and competition Tier 3

The competition practice at Lakshmikumaran & Sridharan focuses on representing clients in litigation and investigations before the CCI, the NCLAT, the High Courts and the Supreme Court. The team regularly advises on anti-competitive agreements, bid rigging, vertical agreements and abuse of dominance matters. Charanya Lakshmikumaran leads the team, which includes Neelambera Sandeepan, who often defends large corporates in high-stakes cartel investigations across the aviation, e-commerce and auto components sectors.

Practice head(s):

Charanya Lakshmikumaran

Other key lawyers:

Key clients

Honda Siel Cars Ltd.

Plasser India Pvt. Ltd.

Indian Corrugated Case Manufacturers’ Association

Federation of Corrugated Box Manufacturers

Glencore Agriculture India Pvt. Ltd.

Work highlights

  • Representing Honda in challenging an order of the Delhi High Court which partially upheld the order of the CCI penalising Honda over allegations of abuse of dominance.
  • Representing Plasser in challenging an order passed by the CCI concerning information filed by the client.
  • Successfully defended Indian Corrugated Case Manufacturers’ Association (ICCMA) in a matter before the CCI concerning alleged cartelisation in the corrugated box manufacturing segment.

Intellectual property Tier 3

Lakshmikumaran & Sridharan stands out in a number of areas of IP law, particularly in the patent field, where its services in drafting and prosecution are highly regarded. Clients also single out the department for its ‘first-hand knowledge and experience of plant breeding and the agriculture sector‘, for which practice co-head Malathi Lakshmikumaran is noted. She leads alongside L Badri Narayanan who handles the full range of transactional matters in addition to litigation.  They are both based in New Delhi, with Konpal Rae being a contact to note at the firm’s Bengaluru office, along with Vindhya S. Mani, who is focused on opposition matters and litigation.

Practice head(s):

Malathi Lakshmikumaran; L. Badri Narayanan

Other key lawyers:


‘We work with LK&S on IP rights, compliance with biodiversity law and competition law, and advice on tax matters. Their IP practice, especially for plant breeders’ rights is one of the few in India with individuals having first-hand knowledge and experience of plant breeding and the agriculture sector.’

‘This is a very accessible practice with partners and associates always available for discussion. Proactive in their interactions with the statutory authorities regarding client concerns and overall law.’

‘We recommend V. Lakshmikumaran (canny litigator, tax expert), Malathi Lakshmikumaran, Vindhya S. Mani, and Anand Singh.’

‘Over the years L&S has made steady progress in developing and strengthening capabilities as one of the leading IP law firms in India. Recognition of the firm at various events and the accolades received stand testimony to the firms commitment in delivering best solution to their clients. The firm has built resources and leaders from within with unique practices at par with some of the best in the industry. L&S has been successful in handling a diverse set of technologies and collaborate across multiple areas of IP through specific experts having knowledge of latest developments in their field.’

‘Working with experts like Malathi Lakshmikumaran and many other leading partners at L&S has always been a rich learning experience. The logical approach, in-depth study and structured thinking process well interspersed with legal aspects are some of the major stand-out qualities. Continuously challenging status quo to bring in best practices as well as contributing towards building good jurisprudence in the field of IP law has been one of the differentiators for L&S.’

‘Very good at providing timely, practical and proactive advice.’

‘Raghav Sarda – go to for engineering related tech. Good technical knowledge and accessible advice about the ins and outs of the Indian patent system.’

Key clients

Merck Sharp & Dohme Corp.

Onyx Therapeutics Inc.

H. Lundbeck A/S

Intervet International B.V

ERBE Elektromedizin GmbH

Brainbees Solutions Private Ltd. & Digital Age Retail PVT. LTD.

Sahajanand Technologies Pvt Ltd.

Indian Institute of Technology

Indian Space Research Organisation

Indian Institute of Science

National Institute of Immunology

Plasser India Pvt Ltd.

Defence Research and Development Organisation


India > Life sciences and healthcare Tier 3

Focused on intellectual property work across the sector, Lakshmikumaran & Sridharan advises pharma, biotech, and medical devices companies on the drafting of and filing of patent applications, with particular strength in PVP and PCT filings. The firm is also active in prosecution and defence proceedings relating to patents and other intellectual property issues. Benefitting from in-house and academic life sciences expertise, the team is headed up from New Dehli by Malathi Lakshmikumaran, a registered patent agent with long-standing expertise in the life sciences space. Bengalaru’s Konpal Rae has a strong focus on patents and design, as well as prosecution.

Practice head(s):

Malathi Lakshmikumaran

Other key lawyers:


‘Team with diverse capabilities with in depth knowledge of the IP Management.’

‘Understanding the clients expectations as well as the IP Office needs and striking a balance between the two.’

‘We work with Dr. Malathi and her team for managing the IP portfolio for our research & development division. The team is very quick to grasp the invention, suggest options on how best to present the invention and help us in drafting the specification in line with the regulations’

‘We have a long standing relationship with Dr. Malathi and her associates. The in-depth understanding of the invention and critical feedback on the invention before filing are extremely valuable. They are also quick with the drafting work and the review associated thereafter for any office actions pertaining to patents.’

India > Corporate and M&A Tier 4

Lakshmikumaran & Sridharan advises companies on the establishment and operation of business in India, encompassing entry strategy, incorporation and structuring, governance, and corporate transactions. Clients include a number of domestic international players in the fields of private equity, retail, and financial services. The team is led by Badri Narayanan , whose areas of expertise include commercial e-commerce and software matters, alongside Mathivanan N. Sudish Sharma takes the lead on corporate and transactional work, and Gaurav Dayal regularly works with private equity clients. All lawyers mentioned are based in New Dehli.

Practice head(s):

Badri Narayanan; Mathivanan N.

Other key lawyers:

Sudish Sharma; Gaurav Dayal; Kunal Arora; Hemant Krishna; Noorul Hassan; Asish Philip

Key clients

OJI Holdings Corporation (OJI)

LifeCell International

Alphavector (India) Private Limited

High Eximpetro Private Limited


IndiaMart InterMesh Limited

Daskalos Virtual Academy Private Limited

Muse Diagnostics Private Limited

Supply Chain Labs

Harvard Edtech Limited

Belgacom International Carrier Services Asia Pte Ltd.

Work highlights

  • Advised Oji Holding Corporation in a transaction including spearheading of due diligence of Empire.
  • Advised High Eximpetro on a transaction involving assistance from Indian law perspectives on regulatory aspects drafting of share sale and purchase agreements, joint venture agreements and other transaction documents and negotiation of transaction documents.
  • Advised Belgacom International Carrier Services Asia Pte Ltd on end-to-end transaction advisory for the acquisition process, along with conducting a legal due-diligence.

The firm: Lakshmikumaran & Sridharan (LKS) is a premier full-service Indian law firm specializing in areas such as corporate & M&A/PE, dispute resolution, taxation and intellectual property.

The firm, through its 14 offices across India works closely on litigation and commercial law matters, advising and representing clients both in India and abroad.

The firm has handled more than 30,000 litigation cases before various forums including 2,000 cases before the Supreme Court of India. Over the last 37 years, the firm has worked with over 15,500 clients which range from start-ups, small & medium enterprises, to large Indian corporates and multinational companies.

The professionals within the firm bring diverse experience to service clients across sectors such as commodities, automobile, manufacturing, healthcare, IT/ITeS, FMCG, hospitality, real estate, petrochemicals, e-commerce, fintech, big data, renewables, cryptocurrency, gaming and sports. The firm takes pride in the value-based, client-focused approach that combines knowledge of the law with industry experience to design bespoke legal solutions.

The firm’s driving principles to achieve our vision are integrity, knowledge, innovation, and collaboration

International desk: The firm has a focused International desk which comprises of dual-qualified lawyers (India and US/ Europe mostly) with expertise across practice areas such as cross border M&As and investments, anti-trust / competition law, international trade law and international commercial arbitration. These attorneys have significant experience in advising clients across multiple jurisdictions such as US, UK, Italy, Germany, Japan, Singapore, Korea, China, Australia, Middle East, Africa etc.

International presence and alliances: LKS is an India member firm of a top International legal network – Terralex. & First Law International.

Practice areas:

  • International arbitration and commercial disputes
  • Aviation
  • Banking and finance
  • Competition/antitrust
  • Corporate
  • M&A and PE/VC
  • Data protection and technology
  • Tax (indirect, GST, direct, M&A and international tax)
  • Insolvency
  • Customs
  • International trade and WTO
  • IPR
  • Employment
  • Environment
  • Food safety
  • Infrastructure
  • Real estate

Main areas of practice
Tax (indirect, GST, direct, M&A and international tax): With experience and years of knowledge in direct, indirect and international tax, the team handles tax disputes and represents clients at various levels from the quasi-judicial authority up to the Supreme Court of India. The team advises on transitional provisions and helps in re-designing supply chain, training, hand-holding and compliance review for assessing GST readiness. Additionally, the attorneys are adept in advising corporations on issues relating to business re-structuring, setting up new units, withholding taxes, royalty and fee for technical services, transfer pricing and contracting.

International arbitration and commercial disputes: Apart from representing clients across various authorities, tribunals and courts, the team specialises in international as well as domestic arbitrations, under institutional rules and ad hoc arbitrations. The team has represented arbitration cases in all forums, in every possible format.

Competition: The competition law team has expertise in drafting and reviewing agreements, obtaining M&A approvals, representing clients before judicial and statutory authorities and framing competition compliance strategies for enterprises across various sectors.

IPR: The firm’s internationally ranked multidisciplinary IPR team serves Indian and global businesses to obtain and enforce the entire spectrum of IPR. Services provided by L&S include opining on patentability, patenting, filing, prosecution, pre and post grant opposition, freedom-to-operate, due diligence, patent watch, evolving effective patent strategy, trademark registration and protection, anti-trust, plant variety protection (PVP), IP litigation and licensing of copyright to name a few.

Corporate, M&A and PE/VC: The team advises various leading Indian and multinational corporations across diverse sectors on matters pertaining to joint ventures, mergers, demergers, acquisitions, private equity and venture capital investments, legal due diligence, spin-offs, foreign direct investments and entry strategies, restructurings including global restructurings of various multinational companies, regulatory approvals, setting up of industrial plants in India, sale of businesses, distributorship and commercial advisory agreements in India, real estate, employment, compliances, ESOP schemes, drafting, vetting and negotiating of commercial contracts and other corporate transactional work.

Customs and international trade: The team caters to WTO and international trade disputes arising out of or involving India. The firm’s attorneys have handled more than 400 antidumping and anti- subsidy investigations initiated by India, EU, USA, Korea, Indonesia, South Africa and Turkey. The team also handles wide variety of matters pertaining to HS Classification, Customs Valuation, FTA, safeguards investigations, market access and national treatment.

Insolvency and bankruptcy: The team has been involved in several matters involving the Insolvency and Bankruptcy Code, representing both creditors as well as debtors before various company law and appellate tribunals across various sectors.

Environmental law: This team provides strategic and coherent advice to clients on issues pertaining to all aspects of environmental law such as air, water, forests, hazardous substances, genetically modified organisms, biological diversity. The team has rich experience to conduct compliance audit, provide legal advice and represent clients before the National Green Tribunal, High Courts, and the Hon’ble Supreme Court of India in contentious matter.

Food safety law: The team offers advisory, litigation and consulting services to various stakeholders in the food chain in all areas of food law and procedures including classification of food/food ingredients under the Indian Food code, usage of food additives, packaging and labelling, nutritional/health claims, food recall, import procedure compliance, country of origin determinations, product approval and various other aspects of food law.

Real estate: The team is equipped to advise clients on all real estate related aspects, including local practices and requirements. The team has assisted government authorities, investors, financial institutions and other leading companies across various sectors, in relation to various aspects and commercial transactions involving real estate.

Employment: The team has rich experience in advising our multinational and domestic clients across sectors on various labour and employment issues by offering clear, business-friendly and pragmatic solutions.

Banking and finance: The team is well-positioned to support banking, corporate and cross-border financing requirements. It assists clients in structuring complex transactions that are successful and cater to regulatory and industry concerns.

Infrastructure and energy: The firm’s attorneys have been involved in various complex transactions and in framing model agreements with government agencies in various sectors where private entrepreneurship has shown interest.

Aviation: The team assists in structuring of transactions pursuant to legal and regulatory requirements pertaining to sale, purchase, wet and dry leasing of aircrafts, financing and chartering of aircrafts and buy back of planes. The firm advises on civil aviation requirements and approvals from Ministry of Civil Aviation extending to infrastructure and greenfield projects.

Data protection and echnology: The team advises businesses, public sector bodies and not-for-profit organizations on all areas of data protection, privacy law, information governance and freedom of information. The team offers the best of both worlds: IP and regulatory affairs specialists who work directly alongside our privacy professionals.

Indirect tax litigation, International arbitration B L
Indirect tax litigation, International arbitration V
Indirect tax (compliance), General corporate and M&A N
IP (litigation) R
IP (advisory) Malathi
General corporate and M&A L. Badri
Direct, International & M&A Tax S
Commercial litigation, Insolvency & restructuring Punit Dutt
Competition law, Data protection and TMT Charanya
International trade (WTO laws) Atul
Data protection and TMT Prashant
Food law Kunal
Number of lawyers : 400+
at this office : 129
Contact : V Lakshmikumaran(
  • Tax