We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Labour Law & Employment Law 1.1. Haryana Government Releases Draft Labour Code–Related Rules for Public Consultation In early May 2026, the Government of Haryana released draft rules under all four Labour Codes—Wages, Industrial Relations, Occupational Safety and Health, and Social Security—for public consultation, s

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. Reserve Bank of India (RBI) 1.1.1. RBI issues Foreign Exchange Management (Authorised Persons) Regulations, 2026 The Reserve Bank of India (“RBI”) has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026, with the objective of rationalising the authorisation and renewal f

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI approves voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd. The Reserve Bank of India (“RBI”) has sanctioned the Scheme of Amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Mahara

We are delighted to share this month's AKP Dispute Resolution Monthly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Arbitration and Dispute Resolution 1.1. Retail & E-Commerce Law 1.1.1. Amazon & Future Group Dispute: Settlement Ends High-Stakes SIAC Challenge The Delhi High Court recently permitted the withdrawal of petitions filed by Future Coupons Private Limited and its promoter entities, including Ashni Kishor

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Labour & Employment Law 1.1. Maharashtra releases draft Industrial Relations Rules for public consultation The Maharashtra Government (“MG”) has published draft Industrial Relations Rules, 2026, on April 28, 2026, proposing a comprehensive overhaul of labour procedures under the Industrial Rel

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues consolidated Directions on Digital Payments – E-mandate framework, 2026 The Reserve Bank of India (“RBI”) has issued consolidated Directions on the Digital Payments – E-mandate framework, 2026, bringing together all existing instructions gover

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Labour Law 1.1. Odisha repeals Professional Tax Law through new Ordinance The Government of Odisha has issued an ordinance repealing the Odisha State Tax on Professions, Trades, Callings and Employments Act, 2000, effective April 1st, 2026. The repeal follows the Governor’s decision that immediate action was necessar

We are delighted to share this month's AKP Dispute Resolution Monthly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Arbitration and Dispute Resolution 1.1. Infrastructure 1.1.1. Arbitration Referral Not Automatic: Supreme Court Carves Out ‘Rarest of Rare’ Exception at Section 11 Stage In a significant development in arbitration jurisprudence, the Supreme Court has clarified the scope of judicial intervention at the stage

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates 1.1. India Reserve Bank of India (RBI) 1.1.1. RBI issues Amendment Directions on NBFC branch authorisation framework The Reserve Bank of India (“ RBI ”) has issued the Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026, following its earlier dr

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Labour & Employment Law 1.1. EPFO Issues Guidance on De linking Incorrect Member IDs from UANs The Employees’ Provident Fund Organisation (“ EPFO ”) has released a detailed update explaining how employees can request the removal of wrongly linked Member IDs from their Universal Account Number (“ UAN ”). The guidan