Law Offices of Panag & Babu

Governance, Investigations and White Collar Defense

Managing Partner and Practice Chair

Sherbir Panag is the chair of Panag & Babu’s, internationally acclaimed and highly respected – Governance, Investigations & White Collar Defense and is India’s pre-eminent white-collar crimes practitioner. Sherbir’s practice has consistently been listed as a market leader for white-collar crimes in India and is ranked by Who’s Who Legal, Global Investigations Review, Chambers & Partners and the Legal 500.

Sherbir has deep experience in crisis management, defending multinational companies, conducting complex internal investigations, as well as counselling clients on navigating India in a compliant manner.

Sherbir has led investigations and acted as defence counsel in some of India’s most high-profile cases, which have also had an interplay with law enforcement in the United States, Europe and Asia. These matters have involved allegations of bribery and other misconduct under Indian and foreign anti-corruption laws such as the U.S. Foreign Corrupt Practices Act, U.K. Bribery Act; financial and regulatory fraud (e.g., non-performing assets / loan impairment, tax evasion, insolvency and bankruptcy proceedings); procurement fraud; infrastructure fraud (e.g., misuse of development funds sanctioned by multilateral development banks); violation of sanctions laws; criminal misconduct and prosecution under maritime / admiralty laws; and violation of corporate governance and corporate policy norms.

Sherbir is an overseas door tenant with the Foundry Chambers in the United Kingdom and is also a founder of the Concilium Network – an international network of highly acclaimed white-collar crime law firms.

Sherbir’s public service includes being a member of the B20 India’s Digital Transformation Taskforce and the Bureau of Indian Standards committee drafting an India anti-corruption standard. He previously served on the B20 Indonesia’s Integrity and Compliance Taskforce and as the Vice Chairman of the Alliance for Integrity’s Advisory Group (an initiative by the Deutsche Gesellschaft für Internationale Zusammenarbeit’s (GIZ)).

Sherbir is a Senior Fellow at the Wharton School’s Carol and Lawrence Zicklin Center for Business Ethics Research and is a member of Cornell University's — Meridian 180 and the Forbes Business Council. He regularly lectures and writes on the subject of white-collar crime, corporate governance and business ethics.

English, Hindi, Punjabi

Entrepreneur Organization

International Bar Association

International Association of Penal Law

Society of Corporate Compliance and Ethics

Concilium Network