Introduction: Need for streamlined MSME Insolvency Regime Origin of PPIRP Pre-Packaged Insolvency Resolution Process (PPIRP) symbolises a crucial and targeted legislative evolution within the Indian framework of Insolvency i.e. Insolvency and Bankruptcy Code (IBC), 2016. PPIRP has been formulated with purpose to address the financial challenges faced by MSMEs by implementing a streamlined, hybrid mechanism... Continue Reading →
Brandman Retail Ltd Limited rang the bell at the National Stock Exchange (NSE India) today to mark their listing.
Brandman Retail Ltd Limited rang the bell at the National Stock Exchange (NSE India) today to mark their listing. Agama Law Associates was honored to stand with the Brandman team and Gretex Corporate Services Limited at this milestone. Congratulations to Brandman Limited. Watch the listing ceremony of Brandman on youtube- https://lnkd.in/drrd_56g Nitin Jain, Archana Balasubramanian,... Continue Reading →
The Whistleblower Complaint That Should Have Prevented the Crisis
By: Archana Balasubramanian Well-functioning audit committees approach whistleblower complaints not as compliance artifacts but governance signals. They deliberately expect complaints to surface uncomfortable truths, not be statistically managed. They design whistleblower mechanisms to function as early-warning systems which are imperfect, noisy, but essential for identifying risks before they become regulatory, financial, or reputational crises. In... Continue Reading →
Why Your Whistleblower Policy Won’t Protect You in Court
By: Nitin Jain In a recent shareholder derivative action, defense counsel presented what appeared to be a robust governance framework: a board-approved whistleblower policy, comprehensive compliance documentation, and established employee training protocols. The policy satisfied all applicable regulatory requirements. The presiding judge's inquiry cut through the documentation: What tangible outcomes had the policy produced? Specifically,... Continue Reading →
Why Independent Directors Fail the Whistleblower Test
By- Archana Balasubramanian Independent directors are expected to treat whistleblower mechanisms as governance infrastructure, not reporting hygiene. A well-functioning audit committee is meant to see whistleblower data as an early warning system as a way to surface cultural, operational, and ethical risks before they crystallise into regulatory, reputational, or valuation damage. In theory, this is... Continue Reading →
How Dismissed Whistleblower Complaints Become Prosecution Evidence
By: Nitin Jain The prosecution's case seemed thin initially. There were allegations of financial misconduct, but the transactions had board approval. Corporate records showed compliance with procedural requirements. Management maintained everything that was properly authorised. Then the prosecution produced the whistleblower complaint file. Six months before the alleged misconduct came to regulatory attention, an employee... Continue Reading →

