Mr Sherbir Panag > Law Offices of Panag & Babu > New Delhi, India > Lawyer Profile

Law Offices of Panag & Babu
NEW DELHI, 110020

Work Department

Compliance, Investigations & White-Collar Crime Defense


Managing Partner and Practice Chair


Sherbir Panag is the founder and managing partner of Panag & Babu – India’s largest white collar crimes and corporate governance law firm. Sherbir’s practice has consistently been listed as a market leader for white collar crimes in India and is ranked by Who’s Who Legal, Global Investigations Review, Chambers & Partners, the Legal 500, among others.

Sherbir is an advisor to the boards of several Fortune 500, FTSE 250, DAX 40 and NIFTY 50 companies and has led investigations and acted as defence counsel in several of India’s highest-profile cases, which have had an interplay with law enforcement in the United States, Europe and Asia. These matters have involved allegations of bribery and other misconduct under Indian and foreign anti-corruption laws; financial and regulatory fraud; procurement fraud; violation of sanctions laws; and violation of corporate governance norms. Sherbir’s representative experience spans the entire spectrum of the courts in India, including the Supreme Court.

Sherbir’s public service includes being a member of the B20 India’s Digital Transformation Taskforce and the Bureau of Indian Standards committee drafting an India anti-corruption standard. Sherbir was recently called upon as an expert nominee by the Government of India to engage with the Financial Action Task Force in 2023. He previously served on the B20 Indonesia’s Integrity and Compliance Taskforce and as the Vice Chairman of the Alliance for Integrity’s Advisory Group (an initiative by the German Government). Sherbir’s thought leadership is widely cited in academic papers and was even taken note of by the Australian Senate as part of a submission by the International Bar Association.

Sherbir is one of the few overseas door tenants from India and is a tenant with the Foundry Chambers in the United Kingdom. Sherbir is a fellow of the International Academy of Financial Crime Litigators and a founder of the Concilium Network – an international network of highly acclaimed white-collar crime law firms.

Sherbir is a member of the Entrepreneurs Organisation, Forbes Business Council and a Senior Fellow at the Wharton School’s Carol and Lawrence Zicklin Center for Business Ethics Research. He regularly lectures and writes on the corporate governance and business ethics.

Sherbir has studied in over 9 schools across the length and breadth of India, ultimately graduating from the Lawrence School Lovedale after which he read law at Symbiosis Law School, Pune. An avid rider and petrol head, Sherbir was formerly a member of the Indian Skeet Shooting Team.


English, Hindi, Punjabi

Lawyer Rankings

India > White-collar crime

Specialist white-collar and investigations firm Law Offices of Panag & Babu represents a wide range of major corporate clients in regulatory investigations and criminal proceedings brought by domestic and international agencies, with notable experience of cross-border investigations relating to bribery, fraud, internal governance issues, and corporate policy violations, as well as litigation up to Supreme Court level. The team, led by veteran white-collar practitioner Sherbir Panag, also advises clients on internal policy and risk compliance, as well as crisis management, including dawn raid responses. Samudra Sarangi is also a notable name in the team, focusing on criminal litigation. The firm is based in New Delhi.