Department profile
PBS | Panag, Babu & Sarangi

White-Collar Crime & Corporate Investigations

Asia-Pacific Guide 2026 : India

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PBS | Panag, Babu & Sarangi

Rankings

About

Provided by PBS | Panag, Babu & Sarangi

Panag & Babu’s – highly respected and acclaimed Governance, Investigations and White Collar Defense Practice, is India’s

largest multi-disciplinary business crime teams, with pan-India capabilities.

As a business crime specialist law firm – we provide a comprehensive advisory framework for our clients which would

include not just internal investigations or compliance advocacy; but also coordinated crisis management / response and

the defense of government investigations, enforcement actions, and ensuing criminal / civil proceedings.

We draw our extensive experience from defending corporations in high profile matters against allegations relating to

every significant area of white-collar crime, across all courts of India including the Supreme Court. With a foundation built

by pre-eminent white collar crime attorneys’, our advisory reflects our deep understanding of global enforcement and

regulatory trends.

Chambers Review

Provided by Chambers

White-Collar Crime & Corporate Investigations - India

Band 2

What the Team is Known For

PBS | Panag, Babu & Sarangi is widely recognised for its white-collar crime practice. It is well-versed in advising on cross-border investigation mandates, including whistle-blower complaints, as well as regulatory defence and criminal litigation. The firm regularly acts for Fortune 500 and multinational companies, and is sought after as co-counsel by international law firms. Its clients also benefit from the firm's founding role in the Concilium Network.

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Strengths

Provided by Chambers

  • The firm has wide experience in investigations, not only in India, but also multi-jurisdictional ones. They are distinguished in handling high volumes of data and applying multicultural analysis.

    White-Collar Crime & Corporate Investigations respondentAsia-Pacific

  • They are focused, detailed and result-oriented. They have deep skills sets on white-collar matters and are true specialists.

    White-Collar Crime & Corporate Investigations respondentAsia-Pacific

  • The senior partners and team members are very experienced and have great depth and breadth of knowledge and experience.

    White-Collar Crime & Corporate Investigations respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Sherbir Panag
    Sherbir Panag

    Sherbir Panag

    Sherbir Panag is based in New Delhi and is experienced in anti-corruption compliance and internal investigations. He is especially active on cross-border mandates in this space.

    • Sherbir Panag brings together deep experience, commercial realism and remains approachable. He is very entrenched in every case that he is on and still knows the minutest of details.

      White-Collar Crime & Corporate Investigations respondentAsia-Pacific

    • He believes in delivering excellence and client-centricity every time.

      White-Collar Crime & Corporate Investigations respondentAsia-Pacific
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  • Vidhi Khanijow
    Vidhi Khanijow

    Vidhi Khanijow

    Vidhi Khanijow is considered a talented lawyer in the white-collar criminal space by the market. She has experience in internal investigations into fraud and other crimes.

    • Vidhi is suave, extremely diligent and gets the big picture.

      White-Collar Crime & Corporate Investigations respondentAsia-Pacific

    • She is very competent on complex matters and her ability to work as a team and bring alternate solutions to problems is noteworthy.

      White-Collar Crime & Corporate Investigations respondentAsia-Pacific
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Ranked Individuals at PBS | Panag, Babu & Sarangi (2)

India

  • Profile image of Sherbir Panag

    Sherbir Panag

    Head of White-Collar Crime & Corporate Investigations

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  • Profile image of Vidhi Khanijow

    Vidhi Khanijow

    White-Collar Crime & Corporate Investigations

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Members

Provided by PBS | Panag, Babu & Sarangi

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