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  • Article

    Classification Of Goods – Recent WCO Rulings, Opinions, And HSN Explanatory Notes Changes

    World Customs Organisation's Harmonized System Committee (‘HSC') meets regularly and issues various Rulings, Opinions regarding classification of various products.
    IndiaFood, Drugs, Healthcare, Life Sciences
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Navigating The Challenges Of Quick Commerce: Can Indian Regulatory Framework Keep Up?

    Over the past few years, there has been a significant surge in the development of Quick Commerce platforms such as Blinkit, Zepto, Swiggy Instamart etc., as it heightened consumer reliance on the convenience...
    IndiaGovernment, Public Sector
Lakshmikumaran & Sridharan
Lakshmikumaran & Sridharan
  • Article

    Exploring The Uncertainties Surrounding Section 15 And Section 21(1) Of The Patents Act

    This article discusses the judgment[1] passed by the Hon'ble High Court of Bombay on a petition filed by Sonalkumar Sureshrao Salunkhe and Kunal Sureshrao Salunkhe...
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    'Pisco' And Geographical Indications – A Recent Judicial Determination

    The recent judicial determination in the PISCO geographical indication dispute examines whether Peru can claim exclusive rights to the standalone term 'PISCO' for its alcoholic beverage, or whether both Peru and Chile's long-standing use of the term necessitates geographical qualifiers to prevent consumer confusion.
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Section 59 Of The Patents Act – The Journey So Far

    Applicants seeking patent protection in India may do so either through the international route under the Patent Cooperation Treaty (PCT)...
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Digital Personal Data Protection Act – Implications For Financial Entities And Fin-tech Sector

    The Digital Personal Data Protection Act, 2023 (‘Act') has been notified in the Gazette but is yet to come into effect. It introduces a comprehensive framework governing processing of personal...
    IndiaPrivacy
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Budget Reactions - Lakshmikumaran And Sridharan Attorneys - Taxation

    The 2026 Budget has introduced significant changes that will impact various aspects of taxation. Our experts at Lakshmikumaran & Sridharan Attorneys have analysed these announcements and their implications.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    RBI Trade Regulations 2026: Key Reforms In Payment Timelines, Realisation & Reporting

    The Reserve Bank of India has introduced sweeping reforms to cross-border trade regulations through the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, fundamentally reshaping payment timelines, reporting requirements, and compliance frameworks for businesses engaged in international transactions.
    IndiaFinance and Banking
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Keywords As Trademarks Not A Source Identifier – The Legal Tussle Involving Google Adwords

    Google's Ads programme (Google Ads) is a self-service platform where advertisers can create and display online ads for their websites by bidding on keywords related to their businesses.
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Machines, Markets, Mandates: Understanding India's Regulations On Machinery And Electrical Equipment

    The Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024 (‘OTR Order') was recently extended by one year.
    IndiaCompliance
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Conundrum Of Taxability Of FTS: Services Rendered In India

    Generally, the Fees for Technical Services (‘FTS’) are taxable at the place where the services are rendered. However, many of India’s tax treaties, do not follow the source rule of place...
    GlobalTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Risk Allocation In Commercial Contracts

    Commercial contracts deploy protective mechanisms to manage uncertainty and financial exposure. This article examines how force majeure clauses, change-in-law provisions, liquidated damages...
    IndiaCorporate/Commercial Law
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    EU Simplifies CBAM But Does Not Address The Underlying Issues

    On 18 June 2025, the European Council and the European Parliament reached a provisional agreement on the Omnibus-I legislative package: which seeks to simplify the European Union's Carbon Border Adjustment Mechanism (CBAM).
    IndiaEnergy and Natural Resources
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Impact Of Section 281 On Transfer Of Assets: Myriad Issues Thereunder

    An ever-present concern for purchasers or transferees in any transaction, be it an acquisition of immovable property or a share purchase, is the furnishing of a ‘no dues certificate' or No Objection Certificate (‘NOC')...
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Taxability Of Sale Consideration Retained In Escrow: A Conundrum

    Profits or gains arising from transfer of a capital asset are charged to tax under Section 45 of the Income Tax Act, 1961 (‘Act') as capital gains.
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Structuring For Success: Regulatory And Tax Considerations In Indian M&A

    India's M&A market has reached unprecedented scale and complexity, with Q2 2026 recording USD 27.9 billion in transactions. As deal values surge and cross-border structures proliferate, the interplay between regulatory compliance, tax optimization, and transaction structuring has become critical to execution certainty and value preservation. How should deal teams navigate the expanded fast-track merger regime, tightened antitrust scrutiny, the new Income Tax Act 2025
    IndiaCorporate/Commercial Law
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Disclaimers – A Credible Way Of Amendment In Patent Claims And Specification

    One of the permissible ways of amendments to claims and/or specification is to incorporate suitable disclaimers during the patent prosecution and at the post grant stage.
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Navigating Limitation Period Labyrinth – Pitfalls In Timelines Of Passing Assessment Orders Under Section 144C Read With Section 153

    The Hon'ble Bombay High Court in its recent judgment has held that the timelines for passing an assessment order specified in Section 153 of the Income Tax Act...
    IndiaTax
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Navigating Nature's Law: India's Legal Overhaul Of Biodiversity Access And Benefit Sharing

    India's biodiversity law is undergoing a significant transformation, aimed at streamlining its regulatory framework and enhancing its effectiveness.
    IndiaEnvironment
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
  • Article

    Trademark Tangle: Deepika Padukone's Beauty Brand Dances Through The Tunes Of 'Use In A Trademark Sense' v. 'Descriptive Use'

    A recent order passed by the Delhi High Court in favour of DPKA Universal Consumer Ventures and others (the Defendants), rejecting the plea of interim injunction...
    IndiaIntellectual Property
    Lakshmikumaran & Sridharan
    Lakshmikumaran & Sridharan
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