Explain Environmental Due Diligence and List the important statutes for environment protection in India.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2025
Explain Environmental Due Diligence and List the important statutes for environment protection in India.
Answer & Explanation:
Environmental due diligence analyses environmental risks and liabilities associated with an organisation. This investigation is usually undertaken before a merger, acquisition, management buy-out, corporate restructure etc. Environmental due diligence provides the acquirer with a detailed assessment of the historic, current and potential future environmental risks associated with the target organisation's sites and operations. It involves risk identification and assessment with respect to: Review of the environmental setting and history of the site. Assessment of the site conditions. Operations and management of sites. Confirm legal compliance and pollution checks from regulatory authorities etc. List of important statutes for environment protection in India: The National Green Tribunal Act, 2010 The Air (Prevention and Control of Pollution) Act, 1981 The Water (Prevention and Control of Pollution) Act, 1974 The Environment Protection Act, 1986 The Wildlife Protection Act, 1972 The Forest Conservation Act, 1980 Public Liability Insurance Act, 1991 The Biological Diversity Act, 2002
Topics: Environmental Law
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