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. Commercial Contracts 1.1.1. Delhi High Court Rules Withdrawal of Civil Suit Does Not Bar Invocation of Arbitration Clause In a significant ruling reinforcing the autonomy of arbitration agreements, the Delhi High Court has held that the mere filing of an ea

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. Bihar Repeals Shops and Establishments Act Following Implementation of Occupational Safety Code The Government of Bihar has promulgated the Bihar Shops and Establishments (Regulation of Employment and Conditions of Service) (Repeal) Ordinance, 2026, repealing the Bih

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. India and Cambodia launch cross-border QR-code payment connectivity The Reserve Bank of India (“RBI”), in collaboration with the National Bank of Cambodia, has launched the first phase of payment systems connectivity between India and Cambodia to enabl

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. Mining Industry 1.1.1. The Hon’ble Supreme Court holds that an unstamped Arbitration Agreement survives, and any objections must first be raised before the Arbitrator The Supreme Court has held that an arbitration agreement does not become invalid merely because i

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 Rural Development (MoRD) issues draft rules for digital payment of wages and unemployment allowance The Ministry of Rural Development (“MoRD”) has issued draft rules under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2

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. Reserve Bank of India issues Amendment Directions introducing cooling-off period for Co-operative Bank Directors The Reserve Bank of India (“RBI”) has issued final Amendment Directions relating to governance of Urban Co-opera

The Corporate Laws (Amendment) Bill, 2026 (the “Bill”) introduces a comprehensive restructuring of the director and governance framework under the Companies Act, 2013, raising eligibility thresholds, tightening disqualification triggers, formalising the lifecycle of Director Identification Numbers, and materially expanding the scope of independent director obligations. Read together, these provisions mark a clear legislative intent: accountability at the board level is no lon

I. The Policy Architecture: Why Decriminalisation Matters Now India's corporate regulatory framework is undergoing a structural reset. The Corporate Laws (Amendment) Bill, 2026 (the “Bill”), currently under review by a Joint Parliamentary Committee, represents the most comprehensive recalibration of the Companies Act, 2013 and the Limited Liability Partnership Act, 2008 (“LLP Act”) since the 2019 decriminalisation cycle. At its core, the Bill does what Indian corporate law

Introduction The Corporate Laws (Amendment) Bill, 2026, proposes consequential reforms to audit, valuation, and financial reporting regulation that fundamentally reconstitute the compliance landscape. National Financial Reporting Authority (“NEFRA”) would transition from a standards body into a fully empowered enforcement regulator with eleven new statutory powers. Insolvency and Bankruptcy Board of India (“IBBI”) would become India's first-ever Valuation Authority with cri

Introduction Modern family businesses in India are now using structured setups like family trusts, holding companies, and Special Purpose Vehicles (“SPVs”) to manage ownership, control, and succession within their complex family. As these businesses grow over time and across different sectors, family relationships, ownership rights, and business operations often start overlapping, which can lead to confusion and conflicts. A properly designed layered structure helps separat