So, in July 2024, 3 new criminal laws were said to have come into effect in India. And one of these new criminal laws is the Bharatiya Nyaya Sanhita (BSS). But, what could this law mean for India’s corporate realm? Could it change or reshape the way businesses operate? Are there new risks that corporate leaders face under this reform? Is this an era of heightened scrutiny? Has the margin for error all but vanished? If the rules have changed, is ignorance no longer an option?
In this episode of CAM Radio – Clear Cut, Kapil Arora, Partner – Cyril Amarchand Mangaldas, explores the key changes brought on by the introduction of the BSS, whether there’s an increased severity of penalties for cheating, what must be done if one is cognizant of a criminal breach of trust, the expanded scope of forgery, what could make one be considered part of an organized crime syndicate and more.
