Established in 2017, the Law Offices of Panag & Babu has roots in white-collar crime, compliance and investigations. The firm has the largest dedicated white-collar crime team in the country, acting for sophisticated clients at both the preventative and prosecution stages. Peers acknowledge the firm’s quick rise to prominence in this space. The firm specialises in representing clients ensnared in modern-day financial crimes. It has specialities in defence against law enforcement, criminal proceedings defence stemming from anti-corruption and anti-money laundering laws, securing pre-trial bail on behalf of those accused of criminal conduct under India’s anti-financial crimes, anti-corruption and anti-money laundering laws, and conducting criminal trials on behalf of those facing allegations of criminal wrongdoing under the same framework of white-collar offences. Apart from its white-collar crime focus, the firm has a 20-strong standalone commercial disputes and international arbitration team.
The white-collar crime defence team has a 100% success rate in obtaining pre-trail bail in each and every case where a client required such a relief. The firm has offices in Bangalore and Delhi, and has more than 65 lawyers.
Dispute resolution partners Sherbir Panag, Samudra Sarangi and Shruti Raina lead the team.
Core clients of the firm include Cashgrail, Fortive Corporation, Gilbarco Veeder Root, ICICI Prudential, JM Financial Asset Reconstruction, Nipro Medical and Wirecard.
