Corporate Law Reset: Parliament Panel Proposes Sweeping Overhaul For India Inc.
On the parliamentary standing committee's proposed overhaul of the governance and insolvency framework.
Media & thought leadership
The firm is regularly quoted in India’s leading financial and legal publications on insolvency, securities regulation, corporate governance and trusts.
Amit Tungare was recognised as a Winner of the 6th Edition of the BW Legal World 40 Under 40 Lawyers and Legal Influencers Awards, announced December 2025. The awards recognise outstanding legal professionals for excellence in practice, leadership, innovation and significant contribution to the legal profession.
On the parliamentary standing committee's proposed overhaul of the governance and insolvency framework.
Expanded family investment bans, a two-year cooling-off and codified recusal move SEBI from a disclosure-based model to proactive prevention.
A full-length interview on founding the firm, leadership, and the future of legal services delivery in India.
On how the debt-repayment component and SEBI's general-corporate-purposes cap set the minimum issue size.
On fiduciary oversight failures and a potential rubber-stamp culture.
“This is only the tip of the iceberg and will be a long power struggle.”
On the Trusts functioning “more like an independent corporate with higher levels of accountability”.
On the Maharashtra Public Trusts Act change report and the possible appointment of an administrator.
Listed as a winner: Amit Tungare, Founder & Managing Partner, Asahi Legal LLP.
“Dominance itself is not unlawful, but leveraging it without informed user consent can still attract competition scrutiny.”
“Liability for tipping UPSI does not require personal trading.”
On the pre-2023 LODR regulatory blind spot.
On natural justice and SEBI's selective disclosure policy.
“SEBI’s continued reluctance to disclose relied-upon documents strikes at the heart of natural justice.”
Leads the “Bar Speaks” panel with a first-person account of his first court appearance.
On the Bill’s “no-discretion principle” for Section 7 admissions.
On retirement-by-rotation reform, the Section 188 / 164(1)(g) inconsistency and SEBI's related-party-transaction governance.
“The current framework’s reliance on voluntary disclosure and internal review is insufficient.”
On Regulation 30A and Clause 5A: “a litmus test”.
Calls for reciprocity mechanisms that actually benefit Indian firms.
Describes Asahi Legal's collaboration with Jurisphere.AI.
Warns about generic mobile numbers used in place of the official series.
On the removal of the chairperson and the Burmans' assumption of control.
On EMD forfeiture and Form H filing.
Proposes a blockchain and AI verification system with biometric enrolment.
Extensively quoted on SEBI disclosure of family agreements and “a complex matrix of legal proceedings”.
A career-path interview with the Managing Partner.
On Nidhi companies operating without RBI oversight.
Wills, trusts & succession
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Registration fee in redevelopment sounds like a small formality, but it can add up to a significant amount. Who bears this cost in a Mumbai society redevelopment, and what exactly are you registering? (April 2026)
Our Managing Partner was quoted in The Hindu BusinessLine on SEBI’s interim order against global trading firm Jane Street.

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