Firm Overview

Panag & Babu is a globally acclaimed, specialist law firm with four marquee practices - Business Crimes (Compliance, Investigations & White-Collar Crime Defense), Corporate & Regulatory Advisory, Commercial Litigation & Dispute Resolution and Telecom, Media & Technology.

We have a pan India practice, serviced through our dual headquarters in New Delhi and Bengaluru.

Panag & Babu’s specialism across its practice areas is sector agnostic, with a distinguished service offering drawn from multi-disciplinary teams and India’s top legal talent. Our firm is ranked as one of the ‘Best Law Firms to Work’ at in India.
Sherbir Panag, Samudra Sarangi, Vidhi Khanijow & Tanya Ganguli recognised by Legal 500 in Asia-Pacific 2024 | Panag & Babu recognised by the Legal 500 in Asia Pacific 2024 | Sherbir Panag & Vidhi Khanijow recognised by Chambers and Partners in Asia-Pacific 2024 for White-Collar Crime & Corporate Investigations | India: Anti Money Laundering Comparative Guide | Sherbir Panag recognised by Who’s Who Legal as a "Global Elite Thought Leader” for Business Crime Defence – Corporates 2023 and as a "Thought Leader” for Global Investigations Review – Business Crime Defence - Corporates & Individuals 2023 | Sherbir Panag recognised by Legal Era in "Leading Lawyer Champions 2023” | Sherbir Panag speaks to the Global Law Experts on white collar crime enforcement trends, reforms and goals | Sherbir Panag, Samudra Sarangi, Vidhi Khanijow & Tanya Ganguli recognised by Legal 500 in Asia-Pacific 2024 | Panag & Babu recognised by the Legal 500 in Asia Pacific 2024 | Sherbir Panag & Vidhi Khanijow recognised by Chambers and Partners in Asia-Pacific 2024 for White-Collar Crime & Corporate Investigations | India: Anti Money Laundering Comparative Guide | Sherbir Panag recognised by Who’s Who Legal as a "Global Elite Thought Leader” for Business Crime Defence – Corporates 2023 and as a "Thought Leader” for Global Investigations Review – Business Crime Defence - Corporates & Individuals 2023 | Sherbir Panag recognised by Legal Era in "Leading Lawyer Champions 2023” | Sherbir Panag speaks to the Global Law Experts on white collar crime enforcement trends, reforms and goals | Sherbir Panag, Samudra Sarangi, Vidhi Khanijow & Tanya Ganguli recognised by Legal 500 in Asia-Pacific 2024 | Panag & Babu recognised by the Legal 500 in Asia Pacific 2024 | Sherbir Panag & Vidhi Khanijow recognised by Chambers and Partners in Asia-Pacific 2024 for White-Collar Crime & Corporate Investigations | India: Anti Money Laundering Comparative Guide | Sherbir Panag recognised by Who’s Who Legal as a "Global Elite Thought Leader” for Business Crime Defence – Corporates 2023 and as a "Thought Leader” for Global Investigations Review – Business Crime Defence - Corporates & Individuals 2023 | Sherbir Panag recognised by Legal Era in "Leading Lawyer Champions 2023” | Sherbir Panag speaks to the Global Law Experts on white collar crime enforcement trends, reforms and goals |

Practice Areas

Compliance, Investigations & White-Collar Crime Defense Practice

Panag & Babu’s – highly respected and acclaimed Compliance, Investigations & White-Collar Defense Practice, is India’s largest multi-disciplinary business crime team, with pan-India capabilities. We assist multinational companies in crisis response to law enforcement actions, build bespoke compliance programs and conduct internal investigations in every significant genre of financial crimes.

Learn more

Corporate & Regulatory Advisory

Panag & Babu’s corporate and regulatory advisory practice is widely recognized in the market for its ability to handle, navigate and advise a broad spectrum of businesses from their India entry and entity incorporation, to their initial public offering. The firm prides itself in providing commercial and practical solutions to complex legal and business challenges some of which are unique to India.


Learn more

Litigation & Dispute Resolution

The Firm’s Litigation & Dispute Resolution team specializes in navigating the novelties and complexities of India’s litigation framework by customizing litigation strategies designed to achieve targeted commercial objectives from litigations, rather than solely focus on the outcome of a litigation which can take several years.


Learn more

Telecom, Media & Technology

Our Telecom, Technology & Privacy team has assisted several global e-commerce, technology and financial services companies to navigate regulatory challenges stemming from the intersection of law and technology. We have helped our traditional clients transition to doing business digitally by combining commercially driven expertise while balancing regulatory considerations.


Learn more