News

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.

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. The Court held that while the Central Government lacks statutory power under the Foreign Trade law to issue or withdraw export incentive schemes retrospectively, exporters cannot claim incentives for a period when no valid scheme was in operation.

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.

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.

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.

