Tag: Corporate Governance
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Domesticating India’s International Climate Law Obligation to Regulate the Conduct of its Private Actors through the Companies Act, 2013
[Hemavathi Shekhar is the Founder and Director, Enact Earth Foundation and Gunjan Soni is an Assistant Professor, School of Law, Mahindra University and Co-Lead, Indian Front, World’s Youth for Climate Justice. This post is part of the IndiaCorpLaw Blog Symposium on ‘Corporate Law and Climate Change: Indian and Comparative Perspectives’.] On 23 July 2025, the International Court of Justice (ICJ) delivered a landmark advisory…
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From Paris to the Boardroom: Can Voluntary Corporate Climate Governance Deliver India’s NDCs?
[Raushan Tara Jaswal is an Assistant Professor and PhD Candidate, Jindal Global Law School, O.P. Jindal Global University, Sonepat, Haryana and Post-Doctoral Researcher, Friedrich-Alexander-Universität Erlangen-Nürnberg (FAU), Germany. This post is part of the IndiaCorpLaw Blog Symposium on ‘Corporate Law and Climate Change: Indian and Comparative Perspectives’.] The highly contentious adoption of the Paris Agreement has been a…
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Corporate Climate Litigation in India: Traversing the Private-Public Law Divide
[Umakanth Varottil is Professor of Corporate Law at the National University of Singapore. This post is a part of the IndiaCorpLaw Blog Symposium on ‘Corporate Law and Climate Change: Indian and Comparative Perspectives’.] At a global level, litigation has emerged at the forefront in combating the adverse effects of climate change. In one type, claimants assert “horizontal”…
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IndiaCorpLaw Blog Symposium on ‘Corporate Law and Climate Change: Indian and Comparative Perspectives’
[Param Pandya is the Quadrature Climate Foundation Fellow in Climate Change and Corporate Law at the Asia-Pacific Centre for Environmental Law, Faculty of Law, National University of Singapore] Climate change is no longer a peripheral concern for corporate law — it sits at the centre of how companies are governed, financed, and held accountable. In India,…
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Rajesh Exports Case: Reassessing SEBI’s Jurisdiction Over Statutory Auditors
[Pakhi Jain is an Advocate practising in the areas of corporate law and financial regulatory matters] The interim ex-parte order passed by the Securities and Exchange Board of India (“SEBI“) in the matter of Rajesh Exports Limited (“REL Interim Order“) will be remembered not merely for the magnitude of REL’s alleged financial misstatements, but for the vexed regulatory…
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Saga of Independent Director Resignations Unfolds Again in India Inc.
[Harpreet Kaur is Vice-Chancellor, National Law University, Jodhpur] The Indian corporate governance landscape has once again witnessed resignations by independent directors in what was a seemingly promising startup. Soon after an interim order was passed by the Securities and Exchange Board of India (SEBI) against the promoters of the Gensol Engineering Limited (GEL), who are also the founders of BluSmart…
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SEBI’s 2025 Related Party Transactions’ Overhaul: Balancing Ease of Doing Business and Investor Protection
[Mustafa Rajkotwala is a commercial lawyer based in Mumbai, India] On 4 August 2025, the Securities and Exchange Board of India (‘SEBI’) released a consultation paper (‘2025 Paper’) proposing a significant overhaul of the framework governing related party transactions (‘RPTs’) under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’). The proposals follow recommendations of the Advisory…
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Ministerial, Not Managerial: SAT Limits Compliance Officer Liability in V. Shankar
[Aadya Narain is a B.A. LL.B. (Hons.) student at Jindal Global Law School] On 5 May 2025, the Securities Appellate Tribunal (“SAT”) in V. Shankar v SEBI addressed a critical and controversial question: can a compliance officer be held personally liable for fraudulent disclosures and statutory violations committed by the board of directors of a listed company? The…