India’s corporate governance for foreign-owned companies

India’s corporate governance framework has evolved significantly through the Companies Act, 2013, SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, and judicial oversight, making governance a strategic business imperative rather than a compliance exercise. The framework emphasises board independence, transparency, accountability, audit oversight, minority shareholder protection, and robust disclosures. Recent reforms have strengthened the role of independent directors, board diversity, related-party transaction controls, and ESG considerations, while increasing enforcement and investor scrutiny to enhance corporate integrity, market confidence, and long-term sustainability.

Please click here to read the full article by Rupinder Malik, Partner, and Divyaanshi Chandra, Principal Associate, published in Asia Business Law Journal.