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 invites comments on capital adequacy amendment directions The Reserve Bank of India (“RBI”) has released draft amendment directions on capital adequacy with the objective of aligning Pillar 3 disclosure requirements with the Basel framework. The draft d

Introduction India’s insurance intermediary regime has gone through an important structural change.[1] The old model broadly worked on the basis that the certificate of registration had a three-year validity period and renewal fee had to be paid for continuation.[2] The amended law now shifts the system towards a continuing registration model, under which registration remains in force subject to payment of annual fee, unless it is suspended or cancelled by the Authority.[3] T

India's most successful business families share a common discipline: they plan ahead. The same instinct that drives careful capital allocation, governance structure, and succession within an enterprise deserves equal rigour when it comes to personal wealth. Trusts are among the most effective vehicles available for wealth preservation, succession planning, and asset protection in India. But a trust is only as effective as the thinking behind it and the single most consequen

The taxation of corporate guarantees under GST has been one of the most contested issues in Indian indirect tax law. The Bombay High Court’s landmark ruling in May 2026 has now brought significant clarity. This article answers the five most important questions businesses, CFOs, and tax practitioners are asking- in plain language, backed by the law and the latest judicial reasoning. 1. What Is a Corporate Guarantee in India? A corporate guarantee is a formal commitment by one

Every great business family has a founding story: the first factory, the first contract, a handshake that grew into an enterprise. What far fewer families have is an equally deliberate plan for what comes next, not the next quarter, but the next generation. If you were to step back from your business today and ask who inherits what, and in what proportion, would the answer reflect your intentions—or the law’s? For most business families in India, the honest answer depends e

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 Law 1.1. Construction 1.1.1. Supreme Court holds that the maintainability of arbitral proceedings cannot be reopened after attaining finality The Hon’ble Supreme Court of India has held that once the issue relating to maintainability of arbitral proceedings and jurisdiction under Section 11 of th

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. Central Government notifies remuneration threshold for audiovisual workers under OSH Code The Ministry of Labour and Employment has notified INR 19,000 per month (Indian Rupees Nineteen Thousand only) as the monetary ceiling for remuneration to determine classification as an audiovis

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 restores Certificate of Registration of Krishna Capfin Limited The Reserve Bank of India (“RBI”) has restored the Certificate of Registration of Krishna Capfin Limited, a non-banking financial company, with effect from April 17, 2026, pursuant to orders pass

The Companies Act, 2013, arrived with ambitions of world-class governance but created a compliance architecture so dense that it triggered over a decade of piecemeal fixes: decriminalisation waves in 2018 and 2020, procedural relaxations during COVID-19, and gradual National Financial Reporting Authority (“NFRA”) empowerment through notifications. The Corporate Laws (Amendment) Bill, 2026, introduced in Lok Sabha on March 23, 2026, and now under Joint Parliamentary Committee

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