On May 24, 2024, the Council of the European Union adopted the Corporate Sustainability Due Diligence Directive – a long-arm EU legislation aimed at ensuring responsible business conduct globally. The Directive is published in the EU’s Official Journal on 5 July 2024. Member states now have two years to enact suitable national laws, while the obligations must be given effect within three to five years i.e. from 2027 onwards.
Please click here to read the full article by Anjali Anchayil and Ridhima Sharma, published in Financial Express.
Anjali specialises in commercial arbitrations, litigation and complex corporate insolvencies. She handles a wide variety of matters before the Supreme Court of India, various High Courts, the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal and arbitral tribunals.