Directors – IndiaCorpLaw

Rethinking Corporate Ratification after Terrascope: Fiduciary Dishonesty and the Need for a Business Judgment Rule

September 30, 2026

[Kushagra Jaiswal is a third-year B.A., LL.B. (Hons.) student at NALSAR University of Law, Hyderabad] On March 17, 2026, a division bench of the Supreme Court comprising Justice J.B. Pardiwala and Justice K.V. Viswanathan delivered a landmark ruling in SEBI v. Terrascope Ventures Ltd., addressing the limits of shareholder ratification in cases involving violations of securities law.…

Artificial Intelligence in the Indian Corporate Boardroom: Preserving Fiduciary Accountability in an Algorithmic Age

April 8, 2026

[Mustafa Rajkotwala works on AI, Strategy and Legal Engineering at NYAI. He is a commercial and technology lawyer based in Mumbai, India.] Artificial Intelligence (AI) is no longer confined to operational functions. It is increasingly deployed in Indian corporate boardrooms to assess risk, monitor compliance, process financial data, and shape strategic decision-making, enabling companies to synthesise information…

MK Ranjitsinh and the Erroneous “Expansion” of Fiduciary Duties in Indian Law

February 17, 2026

[Anik Bhaduri is a candidate for the MSc in Law and Finance at the University of Oxford] In 2013, the Companies Act became the first legislation in the world to explicitly adopt a stakeholder-oriented conception of the corporation. In addition to introducing a mandatory requirement that certain companies allocate a portion of their funds towards corporate social responsibility…

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