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Corpus Juris Legal · Delhi NCR

Corporate Governance Lawyer in India

Good governance is not optional. It is your fiduciary duty.

200+

Boards Advised

500+

Directors Briefed

100%

Governance Compliance Rate

Why Businesses Choose Corpus Juris Legal

Corporate governance obligations under the Companies Act 2013 have fundamentally changed the accountability framework for Indian companies. Directors face personal liability for governance failures, independent directors must exercise genuine independence or face regulatory action, and audit committees must actively oversee related party transactions and financial reporting. For listed companies, SEBI LODR 2015 adds further disclosure, composition, and committee requirements. Corpus Juris Legal advises boards, independent directors, and general counsel on governance architecture — designing frameworks that satisfy regulatory requirements while genuinely improving board effectiveness.

  • Board composition advisory — independent directors, women directors, KMP
  • Director onboarding and duties briefing under Companies Act 2013
  • Related party transaction policy and approval mechanism design
  • Audit, NRC, and stakeholder committee constitution and charter
  • Annual governance audit and board evaluation framework
  • Director resignation and removal procedures

Frequently Asked Questions

What personal liability risks do directors of Indian companies face?+

Directors can face personal liability for fraudulent trading, failure to disclose interests in contracts, fiduciary duty breaches, non-compliance with statutory obligations, and authorising transactions without proper board approval. Under IBC, directors of insolvent companies face scrutiny of pre-insolvency transactions.

What is the role of an independent director under the Companies Act 2013?+

Independent directors must bring objective judgment on board matters, chair the audit committee, assess independence of related party transactions, and protect minority shareholders. The Act specifies disqualification criteria and SEBI LODR adds requirements for listed company IDs.

How must related party transactions be managed under Indian law?+

RPTs must be disclosed in the board agenda, approved by the audit committee, and for material RPTs, by shareholders. Listed companies must file RPT disclosures with stock exchanges every six months. Non-compliance attracts SEBI enforcement action.

Strengthen Your Board Governance

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