A container clears the last leg of an intercontinental shipment and stops at a Western customs barrier. The Tier-1 Indian supplier met every delivery timeline and quality threshold.

A quick-commerce platform often believes that the most difficult phase in its restructuring is complete once domestic ownership crosses the 50% threshold. The more consequential questions emerge when auditors test whether contracts and internal processes reflect that new ownership reality.

Minority shareholders in Indian listed companies increasingly use Section 245 derivative actions to challenge board decisions that allegedly harmed the company particularly RPT approvals...

The evolution of the legal ecosystem in India has bolstered the parties' ability to choose how disputes should be settled if any arise at the time of drafting an agreement

The legal landscape in India is undergoing a significant transformation with the decision of the Bar Council of India in March 2023, allowing foreign law firms to operate in the country...

When a private equity-backed company prepares for an IPO, founders and investors face critical alignment challenges around governance rights, exit mechanisms, and regulatory compliance. The transition from private to public markets fundamentally restructures board composition, shareholder protections, and decision-making authority, creating friction between contractual obligations and SEBI's transparency requirements. Understanding how to navigate these competing interests while maintaining business continu

In today's business environment, several startups are cash strapped and running their business on negative margins, fund raising from investors at an early juncture has become crucial for enabling a start up to achieve its business objectives.

In India's booming IPO market, where retail subscriptions often exceed 100 times the issue size, a critical misconception has emerged: treating the Draft Red Herring Prospectus (DRHP) as a marketing tool rather than a legal disclosure document.

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...

Recently, the Supreme Court of India ("Apex Court") has clarified the principle of special allowances in the case of The Regional Provident Fund ...

SEBI's intensified scrutiny of "General Corporate Purposes" in IPO offer documents reflects a fundamental shift in how regulators view the deployment of public capital. What began as a modest catch-all for operational flexibility has evolved into allocations reaching 25-35% of issue proceeds, prompting questions about transparency, investor protection, and the true intentions behind these vague funding categories.

India does not have a comprehensive legislation for the protection of privacy of an individual. Article 21 of the Constitution of India has been extended to include the right

Bira 91 is a prominent Indian craft beer brand, established in 2015 by entrepreneur Ankur Jain, and was manufactured by the entity B9 Beverages Pvt Ltd.

Late-stage companies approaching IPO often discover their corporate structures, optimised for operational efficiency during growth phase, create related party transaction exposures...

There is a thin line between moral obligation of respecting a female co-worker and the legal obligation to do so.

The problem surfaces during legal due diligence for a follow-on transaction. A new lead investor issues a term sheet with conditions. The conditions require simplifying the cap table first.

Indian companies transitioning from founder-driven private enterprises to publicly listed entities face a fundamental governance challenge: distinguishing between founder-led vision and founder-controlled power structures. As SEBI's regulatory framework demands transparency in board composition, related party transactions, and decision-making processes, pre-IPO companies must dismantle informal governance practices and build institutional counterweights that protect minority shareholders while preserving st

The governance problem in the growing succession battles begins in the boardroom of a high-performing subsidiary or the private office of a family-run holding company.

A Change-in-Law clause is not a guarantee of compensation but is an evidentiary structure that fails the moment a company prioritizes financial certainty over contractual discipline.

In the fallout of the Supreme Court's Bhushan Steel ruling, a quiet anxiety has gripped resolution applicants, creditors, and legal counsel alike.