IntriKate Consulting LLP Insights
Insights
Sourced notes on public policy, regulation and disclosure, drawn from our research and from the books the partners are writing. Each note states its sources and the date the law was last checked.
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BRSR Core in FY 2026-27: the route matters less than the evidence
FY 2026-27 is the first year every company in the top 1,000 needs an assessment or assurance of its BRSR Core. SEBI prescribes no assurance level. The harder task is building figures that hold up when a verifier tests them.
Sustainability and ESG disclosure
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Section 135 after 31 March: where boards get CSR compliance wrong
Section 135 defaults often begin as boardroom errors of timing and labelling, and the penalty is priced on the transfer that was missed. This note sets out the unspent-amount tracks, impact-assessment rules, penalty formula and a test for when projects should scale.
Regulatory and corporate compliance
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Before CSR or public money flows: is the implementing agency ready?
An implementing agency is ready for CSR or public money only when its statutory floor is met and evidenced, and a written system of logic, procurement and safeguarding sits above it. A gated self-assessment helps funder and agency agree what to fix first.
Capacity building and institutions
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Under EU CBAM, the buyer declares and the Indian producer's data sets the bill
In the EU CBAM's definitive regime, the EU declarant buys and surrenders the certificates, yet the Indian producer's verified data largely decides how many. Defaults usually cost far more, buyers will ask for data early, and a UK CBAM follows in 2027.
Sustainability and ESG disclosure
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Nine ESG terms that carry law, and how boards misuse them
Many ESG terms in Indian board papers have a legal owner, and loose use misstates a legal position. Nine commonly misused terms, restated against their governing instruments as at 25 September 2026, and a drafting habit that prevents the error.
Sustainability and ESG disclosure
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What an Indian enterprise must build before each stage sends the bill
The costliest failures in an enterprise's life are often cheap decisions from an earlier stage, billed later. This note sets out what an Indian firm should build at formation, first customers, growth, scale and exit, and which of it is law.
Management, engineering and digital advisory
No notes in this series yet.
Four series
Policy Decoded
Schemes, government resolutions and budget lines, read for what they mean in implementation.
Disclosure Desk
BRSR, SEBI circulars, CCTS and global standards, compared clause by clause.
Evidence Notes
Findings from filings, surveys and administrative records, with the data and method stated.
Field & Practice
Lessons from programme design, monitoring and delivery on the ground.
Books in preparation
Several notes draw on books by Harshal Kate that are in preparation. Titles and editions may change before publication.
Enterprise Compliance Set, Volume I
The BRSR Master Compliance Guidebook
The FY 2026-27 reporting cycle: applicability, BRSR Core assessment or assurance, value-chain disclosures and the nine principles, with a maturity self-assessment.
Enterprise Compliance Set, Volume II
The CBAM Exporter's Compliance Guidebook
The EU CBAM definitive regime from 2026 for Indian exporters: embedded emissions, default and actual values, verification, cost, and the UK CBAM.
Enterprise Compliance Set, Volume III
The Section 135 Practice Manual
CSR compliance for Indian companies: the obligation, unspent amounts, impact assessment, penalties and reporting, with a calculator and a maturity self-assessment.
Companion volume
The India ESG Lexicon
Terms, laws and filings for BRSR, CSR and carbon compliance, each anchored to the Indian instrument that governs it.
Development sector
The Development Operating System
Laws, frameworks and the lifecycle of impact in India's development sector, for implementing agencies and the funders who rely on them.
Enterprise
The Business Lifecycle
The laws, principles and constraints that decide which enterprises survive, stage by stage, from an Indian vantage point.
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Editorial policy
- Every note states what it relies on, with a locator.
- Verified facts are kept apart from our analysis.
- Every note carries the date it was last checked.
- Notes are analysis, not legal advice.