India: Corporate Governance

In Indian M&A transactions, Compulsorily Convertible Debentures (“CCD”) often sit quietly in the capital structure until they don’t convert. While they may initially appear as debt, their eventual conversion into equity means they can significantly reshape ownership, control, and valuation. This dual nature makes CCDs one of the most critical instruments to diligence. In private equity and venture capital transactions, CCDs are widely used for their flexibility in structuring valuation and aligning with foreign investment regulations.

The National Company Law Appellate Tribunal, New Delhi Bench (“NCLAT”), in its judgment dated March 19, 2026, in SPS Steels Rolling Mills Limited v. Central Bank of India, Comp. App. (AT) (Ins)...

Company law in India establishes the legal architecture governing the incorporation, functioning, and regulation of corporate entities. A foundational principle underpinning this framework...

The introduction of the Corporate Laws (Amendment) Bill, 2026 (“the Bill”) in the Lok Sabha represents a transformative milestone in India's ongoing journey to enhance its regulatory landscape.

This update supplements our earlier analysis dated March 12, 2026 ("Part 1") on the same subject title based on the press release dated March 07, 2026 issued by the government of India...

With effect from January 2026, SEBI has replaced the three decade old SEBI (Stock Brokers) Regulations, 1992 with an entirely new framework with the SEBI (Stock Brokers) Regulations, 2026.

Over the last few years, a consistent shift has been reshaping how Indian companies are going global. Indian founders and family-owned groups are no longer waiting until they "become global" to think internationally.

The prudential framework controlling the credit exposures of regulated financial institutions has been gradually reinforced by the Reserve Bank of India.

The digital revolution has transformed many aspects of governance and legal administration is no different.