Topic:  Recent Changes to the Export and Import Regulations Under the Foreign Exchange Management Act, 1999 (“FEMA”)
 

Speakers:  Mr. Mahendra Singh, Associate Partner and Mr. Abhinov Vaidyanathan, Principal Associate at Lakshmikumaran & Sridharan Law

Presentation:
|- Export and import of goods under FEMA, including practical issues in documentation, remittances, realization timelines, and dealings through authorized dealers.
- Comparative perspective on the old and new regulatory position for cross-border trade and foreign exchange compliance.
- Illustrative case studies followed by an interactive Q&A.

Speakers' Bios:
Abhinov Vaidyanathan is a Principal Associate at Lakshmikumaran & Sridharan, Chennai working with the firm since 2019. Abhinov is enrolled with the Bar Council of Tamilnadu and is an alumnus of Sastra University, Tamilnadu. Abhinov has more than seven years of experience in tax advisory and litigation. Abhinov focuses on foreign exchange laws and direct tax laws. He advises clients on broad range of issues pertaining to economic offences. He also provides support and handholding in ED and SFIO investigations. He handles litigation relating to economic offenses and direct taxes upto High Courts.
 

Mahendra Singh
With over seven years of experience, Mahendra has represented several clients in litigation, provided handholding support during investigations and provided advisory support. Mahendra is a seasoned professional in the laws related to foreign exchange, money laundering, benami laws, foreign contribution and direct tax laws. Mahendra is enrolled with the Bar Council of Delhi and is an alumnus of the National Law Institute University, Bhopal. He regularly appears before courts across India, including the Appellate Tribunal (PMLA/FEMA/BENAMI) and various departmental and statutory authorities. His proficiency in the Prevention of Money Laundering Act (PMLA), Prohibition of Benami Property transactions Act, Foreign Contribution Regulation Act (FCRA) and the Black Money Act enable him to guide clients through complex legal landscapes, ensuring compliance and mitigating risks. His strategic approach and understanding of these laws have earned him a reputation from the clients. In addition to his legal practice, Mahendra is actively involved in conducting seminars on FEMA, FCRA and PMLA. He has assisted clients in creating Standard Operating Procedures (SOPs) to ensure proper compliance with these laws. His ability to educate and provide practical solutions has made him a trusted advisor to his clients. Mahendra’s commitment to his team, clients, and profession is evident in his meticulous work and the successful outcomes he consistently delivers. His combination of legal acumen and dedication to client service positions him as a key asset to both the firm and those he represents.

Education: National Law Institute University, Bhopal ( B.A.,LL.B )