The EU Corporate Sustainability Due Diligence Directive (CSDDD) is changing how companies manage supply-chain risk. Recent independent audit data reveals that two-thirds of suppliers to Swedish regions failed their mandatory due diligence reviews. Sweden is an example, but the issue is far wider than the Nordic region. The CSDDD applies across the European Union, meaning... Continue Reading →
Beyond Intent: Why Textual Precision Rules Commercial Contracts
Commercial contracts form the bedrock of corporate transactions, requiring absolute precision to ensure the intended commercial outcomes are protected. The fact that courts rigorously enforce the literal written text of an agreement even when a party claims the language does not reflect their true intentions is often underestimated. When sophisticated corporate entities negotiate agreements, the... Continue Reading →
High-Stakes IBC Recovery: Coordinating Section 95 Actions against Personal Guarantors with Parallel Debt Recovery Strategies
By: Nitin Jain Lenders increasingly evaluate recovery across every available layer of credit support rather than treating corporate insolvency as a standalone proceeding. A default is no longer assessed only against the borrower’s assets, security package or restructuring prospects; it is measured by the speed and effectiveness with which multiple recovery mechanisms can be coordinated.... Continue Reading →
The New Buy-Back Playbook: Easing Capital Exits Without the Merchant Banker Safety Net
By Archana Balasubramanian SEBI’s June 19, 2026 board approval reintroduces open-market buybacks through stock exchanges from August 1, 2026, permits completion through a compressed 66-working-day framework, and makes the merchant banker appointment discretionary. This is a significant change from the earlier framework, where appointing a merchant banker was mandatory and much of the execution process... Continue Reading →
Use of IPO Proceeds: Why SEBI Questions “General Corporate Purpose” More Closely Today?
This is Part – VIII of the Capital Markets article series. An Initial Public Offering (IPO) is a landmark event in the lifecycle of any company. Beyond the transfer of stakes, rebalancing of the capital structure, etc., the IPO acts as a fundamental public trust exercise where the retail and institutional investors commit capital subject... Continue Reading →
When the Market Opens and the Investigation Has Already Begun
- By Nitin Jain Indian capital markets have evolved faster than the legal systems designed to regulate them. With the Securities and Exchange Board of India (SEBI) introducing automated price-band widening during pre-open call auctions alongside instant PAN-based validation, the regulatory apparatus is now entirely digital, instantaneous, and rigid. For high-frequency trading (HFT) desks, algorithmic... Continue Reading →

