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 Draft Foreign Investment Rules, 2026 to rationalise existing NDI Framework The Reserve Bank of India ("RBI") has released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026 for public consultation, propo

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. Ministry of Labour and Employment reconstitutes Central Advisory Board under Code on Wages 2019 The Ministry of Labour and Employment (“MoLE”) has reconstituted the Central Advisory Board ("CAB") under Section 42 of the Code on Wages, 2019, superseding the earlier noti

Foreign contribution has long occupied a unique space in India’s regulatory landscape. While overseas philanthropic and development capital can play a significant role in supporting social, educational, cultural, economic, and charitable initiatives, it also raises questions of accountability, transparency, and regulatory oversight. Any individual, association, trust, society, or company that receives money, goods, or securities from abroad has to work within a strict framewo

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. Ministry of Finance issues instructions on Timely Payment of Wages to Outsourced and Contractual Workers The Ministry of Finance ("MoF"), Department of Expenditure, has issued instructions requiring all procuring entities to ensure timely payment of wages and salaries

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. Delhi High Court Rules: A fresh copy of the Arbitral Award cannot restart the limitation to challenge the Award The Hon’ble Delhi High Court has dismissed two connected petitions filed by the Union of India under Section 34 of th

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 draft amendment directions on Acquisition and Holding of Shares or Voting Rights in Commercial Banks The Reserve Bank of India ("RBI") has issued the draft Reserve Bank of India (Commercial Banks - Acquisition and Holding

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 Securities and Exchange Board of India (SEBI) 1.1.1. SEBI revises norms for utilisation of interest income from Depositories’ Investor Protection Fund The Securities and Exchange Board of India (“SEBI”) has revised the utilisation framework for interest or inc

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. AP Government notifies Code on Social Security Rules, 2026 The Government of Andhra Pradesh (GoAP) has notified the Code on Social Security (Andhra Pradesh) Rules, 2026 under the Code on Social Security, 2020, bringing into effect a comprehensive framework for implementation of social

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. MoRD notifies rules for digital payment of wages and unemployment allowance under VB–GRAMG The Ministry of Rural Development (MoRD) has notified the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin): VB–GRAMG, Manner of Payment of Wages and Unemplo

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 revised application framework for voluntary surrender of NBFC registrations RBI has revised the application form and indicative checklist for voluntary surrender of Certificates of Registration (“CoR”) by Non-Banking Fina