News
Lakshmikumaran and Sridharan Attorneys advised Inox Clean Energy Limited on acquisition of wind-solar portfolio from Macquarie
02 January 2026
New Delhi, January 02, 2026: Lakshmikumaran & Sridharan Attorneys (“LKS”) advised Inox Clean Energy Limited (“Inox”), a part of the INOXGFL Group, in relation to its acquisition of a 1,337 MW renewable energy platform from Macquarie Corporate Holdings Pty Limited (“Macquarie”) and other shareholders. The platform comprises of a diversified renewable energy portfolio of wind, solar and hybrid projects, with around 800 MW currently operational across multiple Indian states.
Trademarks – Even clipped version of INNs barred by Section 13 of Trade Marks Act
23 December 2025
The Bombay High Court has held that the use of the words ‘deceptively similar to such name’ in Section 13 of the Trade Marks Act, 1999 takes within its fold even the clipped version. Section 13 prohibits registration of names of chemical elements or international non-proprietary names (‘INN’).
Foreign Trade Policy benefits cannot be issued or withdrawn retrospectively – Exporters can claim benefit only when valid scheme is in operation
20 December 2025
The Delhi High Court has partly allowed a writ petition filed by an Association of Chillies Exporters, challenging the foreclosure of the Transport and Marketing Assistance Scheme for Specified Agricultural Products notified by Notification No. 9 September 2021, by Notification dated 25 March 2022.
Interest and penalty recovered by foreman from defaulting chit fund subscribers are not liable to GST
15 December 2025
The Andhra Pradesh High Court has held that the interest and penalty, recovered by a foreman, in relation to default in payment of installments by the chit fund subscribers would not be exigible to tax under the GST provisions. The assessee was represented by Lakshmikumaran & Sridharan Attorneys here.
IGST, and not CGST, is payable when goods handed over to common carriers for transportation to another State
05 December 2025
In a case where the assessee handed over the goods to the common carrier for the purpose of delivery to the ultimate destination outside the State of Karnataka, the Karnataka High Court has held that the supply of goods was inter-State supply and not intra-State supply so as to attract CGST/KGST. The assessee was represented by Lakshmikumaran & Sridharan Attorneys here.
Patents – No mandatory requirement of mediation in a suit alleging continuing infringement, even if the suit is delayed
20 November 2025
The Supreme Court of India has answered in affirmative the issue as to whether a suit alleging continuing infringement of patent and design rights, accompanied by a prayer for interim injunction, can be said to contemplate ‘urgent relief’ within the meaning of Section 12A of the Commercial Courts Act, 2015, notwithstanding certain delay in the institution of the suit.
RBI relaxes timeline for export realisation and for shipment against advance payments
18 November 2025
The Reserve Bank of India has on 13 November 2025 introduced an amendment to the Foreign Exchange Management (Export of Goods & Services) Regulations, 2015.
Reforming foreign office establishment norms in India – New draft regulations issued
23 October 2025
The RBI has released Draft Foreign Exchange Management (Establishment in India of a Branch or Office) Regulations, 2025 on 3 October 2025 to mark a transition to an investor friendly legal framework and easier access to Indian market.
Patents – Court clarifies scope of exclusion from patentability under Section 3(i) [treatment of human beings], but gives different findings on facts in different disputes
22 October 2025
In a case involving interpretation of Section 3(i) of the Patents Act, 1970, the Delhi High Court has observed that a nuanced interpretation is warranted – one that excludes only those methods which directly implicate professional judgment, while allowing for patenting of ancillary tools, devices, and non-invasive methods.
Export refund – Omission of Rules 89(4B) and 96(10) – Pending proceedings to lapse
15 October 2025
The Bombay High Court has upheld the contention of the assessee that in absence of any saving clause in the omission of Rules 89(4B) and 96(10) of the Central Goods and Service Tax Rules, 2017, all pending proceedings, in respect of non-compliance with the conditions prescribed in the said Rules, would stand lapsed.