AI IN CORPORATE COMPLIANCE: A BOON OR BANE FOR REGULATORY OVERSIGHT?

Artificial Intelligence (AI) is reshaping corporate compliance by automating risk detection, contract analysis, and fraud prevention tasks. While this enhances efficiency and reduces human error, it raises concerns about accountability, transparency, and regulatory adequacy. This article explores the use of AI in corporate legal departments in India and globally, analyzing whether current legal frameworks, such as the Companies Act, 2013, are equipped to govern AI-driven decisions. By balancing innovation with oversight, the study argues for adaptive legal reforms that ensure AI tools uphold, rather than undermine, the rule of law. Keywords: Artificial Intelligence, Corporate Compliance, Regulatory Oversight, Companies Act, Legal Automation