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A director of a company is prohibited from being involved in a situation where he may have a direct or indirect interest that conflicts, or possibly may conflict...

Non-compliance under the law does not always result from intentional wrongdoing.

With the enactment of the Companies Act, 2013 in India, the duties of a director have been codified.

Recently, the Supreme Court of India in Shashi Prakash Khemka V. NEPC Micon & Others , while determining the question as to whether an issue relating to transfer of shares should be adjudicated by Civil Courts ...

Scheme of arrangement is a compromise or arrangement between the company and its creditors or between the company and its members.

The SEBI released a guidance note dated January 5, 2017 on the evaluation of the board of directors of a listed company ("Guidance Note") for the purposes of rendering guidance...

The present Article focuses on the applicability, implications and effect of the Corporate Laws (Amendment) Bill, 2026 (“Bill”) introduced by the Union Government in the Lok Sabha on 23rd March 2026, proposing 107 amendments to the Companies Act, 2013 (“Companies Act”) and the Limited Liability Partnership Act, 2008 (“LLP Act”).

The Reserve Bank of India's ("RBI") Commercial Banks – Governance Directions, 2025 ("Directions") mark a decisive shift in how Indian banks are expected...

Building on earlier amendments to the Companies Act, 2013 (“Companies Act”), the recently introduced Corporate Laws (Amendment) Bill, 2026 (the “Bill”) is currently before a Joint Parliamentary Committee...

A key element of an effective ESG-compliant entity is one that incorporates a corporate culture that encourages voices to speak out and doesn't just set forth policies with a check-the-box approach.

The long awaited re-codification of company law has taken a concrete shape in the introduction of Companies BILL, 2008 in parliament recently by the Govt. of India and the same has been referred to the Select Committee.

Most of company's policies are drafted with an aim to build a strong consumer market and to diversify and expand its business in order to satisfy the growing concerns and needs of the...

Settling the controversy in yet another notable judgment dated March 26, 2021 in Tata Consultancy Services Limited v. Cyrus Investments Pvt. Ltd. and others.

Independent directors in India are governed by the Companies Act, 2013 ("Act"). Every listed public company is required to have at least one-third of the total number of directors as independent...

"Prior consent of central government is not required to enforce an arbitral award against a foreign state."

The debate around the appointment and governance of independent directors has remained unsettled for long.

This is further to our Ergo Update dated 5 July 2019 regarding SEBI's in-principal approval to the framework for enabling initial public offer of ordinary equity shares by tech companies having equity shares with superior voting rights.

This article is the second instalment of our Founders Series, aimed at providing an overview to founders of emerging companies over some commonly used terms in transaction documents. This is an illustrative guide.