By: Archana Balasubramanian Companies building with artificial intelligence tools face a specific challenge during early-stage fundraising. Venture capital diligence now includes detailed review of AI and machine learning procurement contracts. The questions being asked have become quite specific: Who owns the IP when AI generates outputs? How is data processing handled under the Digital Personal... Continue Reading →
By: Nitin Jain Courts across India are increasingly directing family business disputes toward mediation before allowing litigations to proceed.This gradual shift reflects a sense of judicial pragmatism, acknowledging that family business conflicts often benefit more from structured settlements than from adversarial proceedings. For family-owned businesses seeking institutional investment, this trend creates a specific opportunity. The... Continue Reading →
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 →
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 →
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 →
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 →
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