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This profile reflects asialaw research. The “(asialaw)” label indicates the source of this content.

Lakshmikumaran & Sridharan (asialaw)

India (asialaw)

2026_asialaw Outstanding Firm.svg
Key contacts
Main contact: L. Badri Narayanan
Quick facts
Number of lawyers

400+

at this office

129

Number of offices

14

Languages

English, Hindi and a variety of Indian regional languages

Key practice areas
Competition/antitrust (asialaw)
Private equity (asialaw)
Restructuring and insolvency (asialaw)
M&A (asialaw)
Labour and employment (asialaw)
Tax (asialaw)
Dispute resolution (asialaw)
Corporate and M&A (asialaw)
Intellectual property (asialaw)
Industry Sector: Pharmaceuticals and life sciences (asialaw)
Industry Sector: Technology and telecommunications (asialaw)
Industry Sector: Real estate (asialaw)
Firm overview

L&S is a full-service law firm with offices spread across 12 Indian cities. The firm’s driving principles are integrity, knowledge, innovation, collaboration and one practice. Over the last 35 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.

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.

Practice areas & sector specialisations
  • Arbitration
  • Aviation
  • Banking & finance
  • Commercial litigation
  • Competition/antitrust
  • Corporate
  • M&A and PE
  • Customs
  • Data protection & IT
  • Direct tax
  • Goods & services tax
  • Insolvency
  • International trade & WTO
  • IPR
  • Employment
  • Real estate
  • Regulatory
Office locations

The firm has offices in: Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Ahmedabad, Pune, Kochi, Kolkata, Chandigarh, Gurugram, Jaipur, Nagpur and Allahabad (Prayagraj).

Address:
India
Tel:+91 (11) 4129 9800 Fax:+91 (11) 4129 9899 Email:Contact Us Web Address:http://www.lakshmisri.com/
2026 Edition
Competition/antitrust (asialaw)
31 firms ranked
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Outstanding

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28 practice areas
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8 practice areas
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25 practice areas
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20 practice areas
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21 practice areas
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28 practice areas
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2 practice areas
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CMS INDUSLAW (asialaw)
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27 practice areas
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12 practice areas
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5 practice areas
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21 practice areas
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5 practice areas
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13 practice areas
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2 practice areas
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1 practice area
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3 practice areas
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1 practice area
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3 practice areas
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1 practice area
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6 practice areas
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1 practice area
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9 practice areas
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1 practice area
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1 practice area
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1 practice area
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1 practice area
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1 practice area
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5 practice areas
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2 practice areas
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3 practice areas
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3 practice areas
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2 practice areas
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4 practice areas
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3 practice areas
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2 practice areas
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2 practice areas
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4 practice areas
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2 practice areas
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1 practice area
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2 practice areas
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2 practice areas
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1 practice area
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6 practice areas
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1 practice area
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8 practice areas
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1 practice area
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2 practice areas
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8 practice areas
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Industry Sector: Pharmaceuticals and life sciences (asialaw)
28 firms ranked
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Outstanding

AZB & Partners (asialaw)
28 practice areas
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3 practice areas
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25 practice areas
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14 practice areas
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21 practice areas
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28 practice areas
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Highly recommended

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18 practice areas
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2 practice areas
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12 practice areas
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3 practice areas
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2 practice areas
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20 practice areas
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2 practice areas
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16 practice areas
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Recommended

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17 practice areas
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27 practice areas
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22 practice areas
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20 practice areas
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23 practice areas
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26 practice areas
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2 practice areas
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13 practice areas
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Notable

Juris Corp (asialaw)
16 practice areas
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10 practice areas
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8 practice areas
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5 practice areas
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6 practice areas
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62 firms ranked
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Outstanding

AZB & Partners (asialaw)
28 practice areas
View full profile
CMS INDUSLAW (asialaw)
24 practice areas
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25 practice areas
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27 practice areas
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23 practice areas
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24 practice areas
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21 practice areas
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28 practice areas
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Highly recommended

Argus Partners (asialaw)
18 practice areas
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Fox Mandal (asialaw)
17 practice areas
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10 practice areas
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15 practice areas
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10 practice areas
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16 practice areas
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Recommended

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20 practice areas
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22 practice areas
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6 practice areas
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17 practice areas
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20 practice areas
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5 practice areas
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17 practice areas
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3 practice areas
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21 practice areas
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20 practice areas
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Recognised

Atlas Law Partners (asialaw)
6 practice areas
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5 practice areas
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10 practice areas
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5 practice areas
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14 practice areas
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16 practice areas
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6 practice areas
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5 practice areas
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9 practice areas
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10 practice areas
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8 practice areas
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12 practice areas
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8 practice areas
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8 practice areas
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13 practice areas
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Notable

Aekom Legal (asialaw)
4 practice areas
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Ahlawat & Associates (asialaw)
11 practice areas
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7 practice areas
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4 practice areas
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8 practice areas
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5 practice areas
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6 practice areas
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10 practice areas
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Lakshmikumaran & Sridharan (asialaw)
12 practice areas
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10 practice areas
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Numen Law Offices (asialaw)
4 practice areas
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2 practice areas
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13 practice areas
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7 practice areas
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9 practice areas
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8 practice areas
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5 practice areas
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62 firms ranked
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Outstanding

AZB & Partners (asialaw)
28 practice areas
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24 practice areas
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25 practice areas
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23 practice areas
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15 practice areas
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14 practice areas
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21 practice areas
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16 practice areas
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28 practice areas
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Highly recommended

AP & Partners (asialaw)
11 practice areas
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27 practice areas
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3 practice areas
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24 practice areas
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2 practice areas
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Recommended

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6 practice areas
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26 practice areas
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River Law (asialaw)
3 practice areas
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21 practice areas
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14 practice areas
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20 practice areas
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TT&A (asialaw)
15 practice areas
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Recognised

5ive Legal (asialaw)
1 practice area
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20 practice areas
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18 practice areas
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BTG Legal (asialaw)
5 practice areas
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11 practice areas
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5 practice areas
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22 practice areas
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17 practice areas
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20 practice areas
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17 practice areas
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17 practice areas
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12 practice areas
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17 practice areas
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Obhan Mason (asialaw)
8 practice areas
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4 practice areas
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Pioneer Legal (asialaw)
9 practice areas
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10 practice areas
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Saga Legal (asialaw)
6 practice areas
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Triumvir Law (asialaw)
8 practice areas
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Vertices Partners (asialaw)
6 practice areas
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Notable

Advaya Legal (asialaw)
7 practice areas
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Aishani Partners (asialaw)
7 practice areas
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Alaya Legal (asialaw)
6 practice areas
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Anand and Anand (asialaw)
3 practice areas
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Anant Law (asialaw)
4 practice areas
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Begur & Partners (asialaw)
6 practice areas
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Boolean Legal (asialaw)
1 practice area
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Burgeon Law (asialaw)
9 practice areas
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Clove Legal (asialaw)
1 practice area
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DMD Advocates (asialaw)
17 practice areas
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InventIP (asialaw)
2 practice areas
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Juris Corp (asialaw)
16 practice areas
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Maheshwari & Co (asialaw)
10 practice areas
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RNA Technology and IP Attorneys (asialaw)
2 practice areas
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Seraphic Advisors (asialaw)
6 practice areas
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Singularity Legal (asialaw)
5 practice areas
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Tempus Law Associates (asialaw)
5 practice areas
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Veritas Legal (asialaw)
13 practice areas
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Intellectual property (asialaw)
83 firms ranked
View full list

Outstanding

Anand and Anand (asialaw)
3 practice areas
View full profile
Inttl Advocare (asialaw)
1 practice area
View profile
K&S Partners (asialaw)
2 practice areas
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Khaitan & Co (asialaw)
24 practice areas
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12 practice areas
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Obhan Mason (asialaw)
8 practice areas
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RK Dewan & Co (asialaw)
3 practice areas
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Rahul Chaudhry & Partners (asialaw)
2 practice areas
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Remfry & Sagar (asialaw)
2 practice areas
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Saikrishna & Associates (asialaw)
2 practice areas
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Singh & Singh (asialaw)
2 practice areas
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Highly recommended

Krishna & Saurastri Associates (asialaw)
1 practice area
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Lall & Sethi (asialaw) View profile
LexOrbis (asialaw)
1 practice area
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Naik Naik & Company (asialaw)
5 practice areas
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Recommended

AZB & Partners (asialaw)
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Overview
Lakshmikumaran & Sridharan Attorneys is one of India’s foremost specialist-led full-service law firms, best known for its market-leading tax and intellectual-property capabilities. Deep technical knowledge, direct advocacy and an understanding of regulated industries remain central to its identity, while sustained investment in corporate, M&A and private equity has broadened the platform considerably. The firm now offers clients coordinated support across transactions, competition law, disputes, employment, real estate, restructuring and technology, supported by an extensive presence across India.

Tax remains a defining strength. The practice brings together lawyers and chartered accountants across direct tax, GST, customs, international tax and transfer pricing. Its teams advise on complex business transactions and represent clients from the adjudicatory level through to the Supreme Court. The firm’s longstanding involvement in indirect-tax jurisprudence gives it particular depth in matters involving classification, valuation, exemptions and cross-border trade, while its direct-tax lawyers handle corporate taxation, international structures, business reorganisations and contentious proceedings.

Intellectual property is equally fundamental to the firm’s market identity. Its combination of legal and technical expertise enables it to support rights holders across patent and trademark prosecution, portfolio strategy, commercialisation and enforcement. This scientific and industry-focused approach is especially valuable to clients in technology-intensive and regulated sectors, where intellectual property, product regulation and tax considerations frequently converge.

The firm’s transactional practices have grown in scale and sophistication. Its corporate and M&A team advises domestic and international clients throughout the corporate lifecycle, from market entry and governance to acquisitions, strategic investments, joint ventures and exits. Cross-practice collaboration is a particular advantage on transactions where competition, tax, employment, real estate or sector-specific approvals influence deal structure. The firm’s 14-office footprint strengthens its ability to provide local support, while investment in AI-enabled legal tools assists with due diligence and transaction documentation.

Private equity has developed alongside the broader corporate offering. The team acts for investment funds, institutional investors, founders and portfolio companies on investments and exits, with particular experience in healthcare, consumer businesses, financial services, technology and energy. Its work increasingly involves cross-border capital, sophisticated governance arrangements and transactions requiring coordinated regulatory analysis.

The disputes and competition practices build on the firm’s advocacy-led heritage. The disputes team appears before the Supreme Court, High Courts, company-law tribunals and specialist regulatory forums, with notable experience in infrastructure-heavy and regulated industries. The competition practice handles merger control, behavioural investigations, compliance and appellate litigation, drawing on the firm’s disputes capability when matters progress beyond the Competition Commission of India.

Employment, technology and restructuring add further depth. The employment group advises on workplace compliance and the employment dimensions of corporate transactions, while the technology team handles privacy, cybersecurity, fintech, artificial intelligence and regulated outsourcing. The restructuring practice represents creditors and debtors and addresses the interaction between the Insolvency and Bankruptcy Code and other regulatory regimes.

Founder and managing partner V Lakshmikumaran remains central to the firm’s leadership, particularly across tax, disputes and restructuring. Charanya Lakshmikumaran is prominent in tax, competition, disputes and insolvency, while senior tax practitioners include S Vasudevan, Raghavan Ramabadran, Ravi Raghavan, Anand Nainawati and L Badri Narayanan. The expanding transactional platform includes N Mathivanan, Gaurav Dayal, Asish Philip Abraham, Nupoor Agrawal, Noorul Hassan, Kunal Arora, Sushrut Biswal and Srabonee Roy. The corporate bench was strengthened by the arrival of Siddharth Sawhney from AZB & Partners and associate partner Vishakha Singh from One97 Communications.

Client feedback

“LKS provides a mature view, guides us on all practical aspects, and finally defends the position in appellate authority if Revenue disputes the position. LKS provides end-to-end solution of all tax litigation needs.” – Media and entertainment

“It has domain experience, fast movement on said areas.” – Media and entertainment

“The team is strong in both tax litigation and advisory work.” – Tax

Noorul Hassan

“He is highly skilled.”

Sridharan Lakshmikumaran

“He provides comprehensive tax analysis, is dependable, demonstrates excellent courtroom skills and offers candid views.”

Shivam Mehta

“He offers practical, original ideas and demonstrates excellent stakeholder and client management skills.”
Linked Reviews
Competition/antitrust (asialaw)
Work highlights

Handled the competition-law aspects of the Brenntag Group’s sale of Raj Petro Specialities to Shell, including market analysis and preparation of the merger notification submitted to the Competition Commission of India.

Acted for Aramex India in a Competition Commission of India investigation into alleged cartelisation in the express courier industry. Following a review of the complaint and the client’s operating practices, the regulator’s report found no contravention of the Competition Act.

Key clients

Aramex India, Raj Petro Specialities
Corporate and M&A (asialaw)
Work highlights

Served as lead counsel to Inox Clean Energy on its approximately $170 million acquisition of a 1,337MW renewable-energy platform from Macquarie Corporate Holdings and other shareholders. The team covered transaction structuring, cross-border regulation, competition law, tax and negotiation of the transaction documents.

Supported Sai Parenterals and its Singapore subsidiary on the cross-border pre-IPO acquisition of a 74.6% interest in Australian pharmaceutical company Noumed Pharmaceuticals.

Key clients

Inox Clean Energy, Sai Parenterals
Dispute resolution (asialaw)
Work highlights

Represented a leading cocoa-products exporter before the Bombay High Court in proceedings concerning the application of India’s Interest Equalisation Scheme to export credit. The court held that an otherwise qualifying export would not be disqualified merely because the supporting documents were submitted late, and the firm continues to act in related Supreme Court proceedings.

Acted for Patanjali Foods in commercial proceedings before the Calcutta High Court concerning a vendor’s alleged failure to supply imported soya degummed oil despite receiving payment from the client.

Key clients

Patanjali Foods
Labour and employment (asialaw)
Work highlights

Advised SSI Aeration and Stamford Scientific International on the employment-law aspects of an indirect transfer of their Indian subsidiary arising from a multijurisdictional transaction. The work included reviewing historical compliance and preparing employment-related disclosures for the global transaction documents.

Conducted employment-law due diligence for SPE PEF III in connection with the Indian component of a global acquisition involving an indirect change of control. The review covered employment agreements, human-resources policies and statutory compliance, together with recommendations to address identified risks.

Key clients

SPE PEF III, SSI Aeration, Stamford Scientific International
Private equity (asialaw)
Work highlights

Represented Point72 Ventures in its participation as a new investor in Newme’s Series B financing. The firm reviewed due diligence findings, disclosures, indemnity protections and transfer restrictions within the transaction documents, while coordinating with the tax team on related issues. The confidential transaction value has been omitted.

Advised Ratna Shree Anandhaas Hotels on an INR1.75 billion investment comprising primary and secondary components. The mandate extended from negotiation of the term sheet and principal transaction documents through satisfaction of closing conditions and completion.

Key clients

Point72 Ventures, Ratna Shree Anandhaas Hotels
Real estate (asialaw)
Work highlights

Guided Nike India through long-term leasing arrangements for some of its first directly owned and operated stores in India. The work encompassed property due diligence, lease negotiations, operational approvals and documentation supporting the transition from a franchise-operated model.

Acted for MetLife Services East on securing long-term leasehold rights over approximately 115,963 square feet at Eon West LP-II in Pune. The team reviewed title, construction approvals and historical property issues and negotiated the principal leasing documents for the client’s expansion into the city.

Key clients

MetLife Services East, Nike India
Restructuring and insolvency (asialaw)
Work highlights

Successfully defended JV Industries before the National Company Law Appellate Tribunal in an appeal concerning the dismissal of an application to commence a corporate insolvency resolution process. The dispute arose from amounts withheld while investigations involving the operational creditor were underway and potentially affecting the client’s GST credit eligibility.

Represents ODS Metering Systems before the National Company Law Tribunal in proceedings seeking the return of funds allegedly realised through the wrongful invocation of a guarantee after liquidation commenced. The matter concerns whether those proceeds form part of the liquidation estate or should instead be held in trust.

Key clients

JV Industries, ODS Metering Systems
Tax (asialaw)
Work highlights

Secured a favourable Income Tax Appellate Tribunal ruling for Nord Anglia Education Infrastructure concerning the treatment of receipts from operating educational infrastructure. The tribunal accepted that the client was conducting a commercial business supported by integrated services rather than acting as a passive landlord and treated the relevant receipts as business income.

Represented Indus Towers before the Madras High Court in a group of petitions challenging notifications that extended statutory limitations under the CGST Act. The court addressed the delegated nature of the government’s powers and held that a recommendation from the GST Council was required before the relevant notifications could be issued. The confidential matter value has been excluded.

Key clients

Indus Towers, Nord Anglia Education Infrastructure
Technology and telecommunications (asialaw)
Work highlights

Advises a fintech technology provider on the regulatory and contractual framework governing services supplied to banks, payment aggregators and other regulated institutions.

Supports a global manufacturer with identifying information-technology, privacy and cybersecurity obligations across its business functions, together with training and sensitisation programmes addressing India’s information-technology, data-protection and identity-related requirements.
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