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  • Article

    Treatment Of Unsubscribed Portion Of Rights Issue – Analysing The Grey Areas And Amendments To Master Direction: Foreign Investment In India

    Under the Companies Act, 2013 (‘Act'), the rights issue is one of the methods to raise share capital by a company. It entitles existing shareholders to subscribe for additional shares...
    IndiaCorporate/Commercial Law
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    International Workers – Conundrum Of Payment Of Provident Fund

    The recent judicial developments have led to certain legal uncertainties and contradictions for compliance in case of deputation and secondment.
    IndiaEmployment and HR
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    The Conundrum Of 'Appropriate Government' Under Labour Laws For CPSUs

    ‘Labour and employment' is a concurrent list entry under the Constitution of India. This means both the Union and State Governments have power to enact laws on the said subject matter.
    IndiaEmployment and HR
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Cosmetic Or Medicine: Determination Of Classification Of Personal Care Products Under The Customs Tariff

    Face wash to treat acne, cream to reduce skin blemishes, shampoo to treat dandruff: these all will be medicines or will be cosmetic/toilet preparations under Customs Law?
    IndiaFood, Drugs, Healthcare, Life Sciences
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Medicament Or Cosmetic – Telangana HC Upholds Assessee's View On Classification Of Certain Ayurvedic Products As Medicaments

    The Telangana High Court has held that the products Navaratan Oil, Gold Turmeric Ayurvedic Cream, Boroplus Antiseptic Cream, Boroplus Prickly Heat Powder and Sonachandi Chavanprash, are medicaments...
    IndiaFood, Drugs, Healthcare, Life Sciences
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    The Vigour That Form-3 Carries – Delhi High Court Imposes Costs For Material Suppression And Misrepresentation Of Facts

    ‘I have found in my experience that there is one panacea which heals every sore in litigation and that is cost'.
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Realisation Of Export Proceeds Through A Mode Other Than Irrevocable Letter Of Credit – Chhattisgarh HC Clarifies On Export Duty Exemption

    It is a known factor that unlike import duties, which are widely applied across product categories, export duties are imposed only on a small set of commodities.
    IndiaInternational Law
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Classification Disputes On Networking Equipment Forcing A Policy Change

    In recent times, the telecom sector has witnessed multiple litigations over the classification of network equipment. Given the rapid pace of technological evolution...
    IndiaMedia, Telecoms, IT, Entertainment
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    A Bird's Eye View Of India's Next Gen Tax Reforms

    On 3 September 2025, the GST Council unveiled its eagerly awaited ‘Diwali Bonanza,' delivering sweeping tax reforms ahead of the festival season.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Impact Of GST Rate Changes On The Oil & Gas And Renewable Energy Sectors

    The 56th meeting of the GST Council was held in New Delhi on 3rd September 2025, chaired by the Union Minister for Finance and Corporate Affairs.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Top 10 Things To Keep In Mind While Implementing AI In Enterprise

    Implementing AI at scale can be complex. Here are the top ten considerations enterprises should keep front-of-mind to improve the chances of a successful and sustainable AI adoption...
    IndiaTechnology
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Impact Of DPDP Act On Employee Data

    As the recently passed Digital Personal Data Protection Act, 2023 ('DPDPA') awaits implementation guidance from the Government...
    IndiaPrivacy
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Taxability Of Post Sale Discounts: Recent Changes – Certainty, Confusion And Calls For Reform

    Discounts are an important tool in any company's strategy since they help with market positioning...
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Deregulation: Redefining Regulatory Boundaries – EoDB 2.0

    The Economic Survey 2025 has given a direction for the next wave of reforms in relation to ease of doing business with quantitative parameters to access the effectives...
    IndiaCorporate/Commercial Law
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    India's Critical Minerals Strategy: Wider Exemption From Customs Duty Needed To Fulfil The Government's Mission

    India, currently the fourth-largest economy in the world, is poised to become an economic superpower by 2047.
    IndiaEnergy and Natural Resources
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Plastic Waste Management Rules Revised Analysis Of Significant Changes

    The introduction of the erstwhile Plastic Waste (Management and Handling) Rules, 2011 (‘PWMH Rules, 2011') marks the first attempt of the government to address the plastic...
    IndiaEnvironment
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    The Bittersweet Classification Of Flavoured Milk

    Classification has always been one of the most interesting as well most litigative issue in any tax jurisdiction.
    IndiaFood, Drugs, Healthcare, Life Sciences
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Patent Of Method Of Treating A Plant – Interpretation Of Section 3(h)

    Section 3(i) of the Patents Act, 1970 (‘Act') bars the patenting of any process for treatment of human beings or animals to render them free of disease.
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Supreme Court Expands Definition Of 'Manufacturing Process': A New Era For Cleaning And Laundry Services

    The term ‘manufacturing process,' as defined in Section 2(k) of the Factories Act, 1948 (‘Factories Act'), encompasses a wide range of activities.
    IndiaLitigation, Mediation & Arbitration
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    What, How, Where, When And Why Of The Mediation Act, 2023

    In another attempt to reduce the pendency before courts, costs of traditional protracted litigation and boost alternative dispute resolution mechanism in India...
    IndiaLitigation, Mediation & Arbitration
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan

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