India: Directors and Officers

A company approaching an initial public offering, or even a serious pre-IPO fundraise, enters a different legal and governance environment. Growth, brand visibility and investor appetite are no longer sufficient. The company must demonstrate that its financial reporting, statutory compliance, internal controls, risk governance, related-party discipline, employment practices, licensing architecture and disclosure culture can withstand institutional, regulatory and market scrutiny.

The Shareholder Agreement imposes GAAP-compliant monthly reporting on the company. The finance team discovers its inability to comply forty-five days post-close. No party examined the information rights clause...

The Foreign Contribution (Regulation) Amendment Bill, 2026 introduces sweeping changes to India's foreign funding regime, including the creation of a Designated Authority with powers to seize and permanently vest foreign contributions and assets. How will these amendments reshape compliance obligations for NGOs, trusts, and other organizations receiving foreign funds, and what risks do key functionaries now face under the expanded liability framework?

The enactment of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 marks another major step in the evolution of India’s insolvency regime. Published in the Gazette of India on 6 April 2026...

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.

Starting a company is only the first step in a long legal journey.

Independent directors are expected to treat whistleblower mechanisms as governance infrastructure, not reporting hygiene. A well-functioning audit committee is meant to see whistleblower data...

Asset-light structures may be commercially efficient, but they are legally fragile. With no minimum asset requirement under the Companies Act, 2013, companies across sectors increasingly operate...

Vide Notification G.S.R. 943(E), the Ministry of Corporate Affairs has notified the Companies (Appointment and Qualification of Directors) Amendment Rules, 2025, effective from March 31, 2026, to streamline Know Your Customer compliance of the directors.