India: Corporate/Commercial Law

For listed companies, preparing the Business Responsibility and Sustainability Report (BRSR) involves collecting data from multiple departments, consolidating performance indicators and ensuring that disclosures are complete, consistent and finalized within the reporting timeline. Companies must ensure that each disclosure is supported by reliable data, documented calculation methodologies and adequate records, with a clear basis for how the reported figures have been derived and validated. These requirements become particularly relevant as companies prepare for BRSR Core assessment or assurance.

Limitation of liability clauses are generally enforceable in India, but only within limits that the Indian Contract Act, 1872 and the courts have drawn. A cap on damages is treated as a legitimate allocation of commercial risk between informed parties; a clause that tries to excuse fraud, wilful misconduct or a deliberate breach, or that is imposed through unequal bargaining power, is far more likely to fail.

This webinar gave foreign investors and their advisors an overview of a typical private equity deal cycle in India—from entry frameworks and structuring through regulatory approvals, due diligence, documentation, minority investor rights and exit routes.