Corporate Liability has become a significant concern in India due to the rapid growth of the corporate sector and the increasing prevalence of corporate malfeasance. While corporations possess legal personality, their lack of physical existence complicates the attribution of criminal culpability. This research provides an in-depth examination of corporate liability in India exploring its evolution and statutory provisions, particularly under the Companies Act, 2013 to assess their effectiveness in addressing the liability. Judicial interpretations and landmark cases that have significantly shaped corporate criminal jurisprudence and the framework of corporate liability in white-collar crimes are also examined. The study further explores the challenges in enforcing corporate liability and concludes with recommendations to strengthen corporate governance while ensuring a balanced approach to corporate accountability in India.