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. Government of Uttar Pradesh revises variable dearness allowance on minimum wages for the period from 1 October 2026 to 31 March 2027 The Labour Department, Government of Uttar Pradesh, vide an Office Memorandum dated 21 October 2026, has revised the variable dearne

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 removing limits for Non-Option Derivative Contracts The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Commercial Banks - Miscellaneous) Second Amendment Directions, 2026, wi

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 announces regulatory measures for the Foreign Exchange Market The Reserve Bank of India (“RBI”) has introduced a series of regulatory measures to strengthen market discipline and risk management in the foreign exchange marke

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 Conciliation 1.1. Energy 1.1.1. Supreme Court holds that where an arbitration clause names two places, the “venue” is not automatically the “seat”; seat must be determined by reading the agreement as a whole The Hon'ble Supreme Court has held that where an arbitration cla

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. EPFO urges eligible PF Trusts to regularise exemption status under Amnesty Scheme, 2026 The Employees’ Provident Fund Organisation (“EPFO”) has urged eligible establishments to apply for retrospective regularisation of the exemption status of Provident Fund (“PF”) Tr

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 1.1.1. RBI issues final directions on Credit Valuation Adjustment Framework for Commercial Banks The Reserve Bank of India ("RBI") has issued the Reserve Bank of India (Commercial Banks – Credit Valuation Adjustment Framework) Directions, 20

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 Labour Commissioner Directs Strict Enforcement of Minimum Wage Notification Across All Establishments The Labour Commissioner, Haryana has directed all field labour authorities to ensure strict implementation of the notification dated 9 April 2026 prescribing minimum rate

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 1.1.1. RBI releases data on Lending and Deposit Rates of Scheduled Commercial Banks The Reserve Bank of India ("RBI") has released data on lending and deposit rates of Scheduled Commercial Banks (SCBs) for September 2026. The weighted averag

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. EPFO highlights revised wage ceiling and enhanced social security coverage The Employees’ Provident Fund Organisation ("EPFO") has highlighted the enhancement of the statutory wage ceiling for mandatory social security coverage under Chapter III of the Code on Social

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 Mediation 1.1. Infrastructure and Construction 1.1.1. Supreme Court holds scope of an “excepted matters” clause is for the Arbitral Tribunal, not a Section 11 court, to decide The Hon'ble Supreme Court has held that the question whether a particular claim is covered by, or f