India: Corporate Crime

DSK Legal's White-Collar Crime & Corporate Investigations Newsletter examines critical judicial pronouncements and evolving standards across India's Prevention of Corruption Act, Bharatiya Nagrik Suraksha Sanhita, Criminal Procedure Code, and Negotiable Instruments Act. This edition provides essential analysis for businesses and individuals navigating the complexities of financial crime, regulatory enforcement, and corporate compliance in an increasingly stringent legal landscape.

Section 105 of BNS renders every compliance manual immediately irrelevant. Device seizure signals a criminal investigation, not a regulatory inquiry. The Board’s paperwork does not address...

The MCA Data across the last 5 financial years consistently shows that approximately 28,000 criminal prosecutions under the Companies Act, 2013 remain pending at the end...

The Supreme Court of India, in its decision in Ravindranatha Bajpe v. Mangalore Special Economic Zone Ltd. & Others, held that company officials such as chairman, managing director, executive director, etc. ...

In a recent case, Ravindranatha Bajpe Vs Mangalore Special Economic Zone Ltd, the Supreme Court of India held that a director of a company could not be "vicariously" held liable for criminal offences of a company.

The Hon'ble Supreme Court in a recent case in Ravindranatha Bajpe v. Mangalore Special Economic Zone Ltd. and Ors. Etc., held that the chairman, directors, and other key managerial personnel of a company...