The specialist practitioners in Lakshmikumaran & Sridharan provide legal opinions on issues affecting businesses. These legal opinions form valuable inputs for basing business decisions on the interpretation of the law, assessing the risk exposure for past and present transactions, provisioning for legal disputes and for general legal and accounting purposes. The advisory services also provide support in approaching the authorities concerned for advance rulings, ministerial clarifications, interpretation of notices and for issuance of circulars and related advisory documents. These measures ensure greater levels of certainty for enterprises to conduct their business and operations in India.
The advisory group in the firm also prepares representations on behalf of associations, industry bodies and individual entities for submission to government departments and ministries for development of specific sectors and industries. These representations are based on analysis of the existing law, the anomalies contained in the legal framework due to revisions, industry statistics and effect on operations on specific companies.
The advisory team in L&S has provided legal opinions on various legal issues for the several years and has a rich knowledge of both the legal and regulatory issues faced by companies. The team provides practical and legally tenable advice on the various issues raised by the companies.