Search: SOP
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September 2026
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FEMA & RBIRBI draft: banks to follow an SOP for temporary debit holds on accounts linked to mule activity and cyber fraud
Debit-hold SOPComments invitedThe draft KYC Amendment Directions, 2026 follow a Supreme Court order of 4 August 2026. Comments were invited up to 2 October 2026.
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InsolvencyNCLAT Principal Bench: mentioning, adjournment and extension-of-time requests only by e-mail in Forms A to D, by 3 PM the previous working day
Forms A–D, by 3:00 PMAction neededBy Circular No. 113/2026 dated 10 September 2026, NCLAT has prescribed forms for four kinds of requests before its Principal Bench, New Delhi. Under the accompanying SOP they are to be sent only by e-mail to principalbench.mentioning@nclat.gov.in by 3:00 PM on the preceding working day. Requests not in the prescribed format will not ordinarily be processed.
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LabourESIC issues SOP for compounding first-time offences under section 138 of the Code on Social Security: pay within 15 days, composition certificate in 10 days
Pay in 15 days, certificate in 10New facilityESIC Headquarters has circulated a Standard Operating Procedure for compounding of offences under section 138 of the Code on Social Security, 2020 read with rule 54 of the Social Security (Central) Rules, 2026. An electronic compounding notice goes out in Form-XXIV; the employer pays and applies within 15 days; the composition certificate follows within 10 days. The amount is half the maximum fine for fine-only offences and three-fourths where imprisonment up to one year is also provided.
August 2026
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Foreign TradeDraft SOP for reporting inward remittances routed through NBFC Factors, for eBRC self-certification: DGFT Trade Notice 20/2026-27 invites comments
Comments within 30 daysComments invitedDGFT has circulated a draft Standard Operating Procedure on how Inward Remittance Messages (IRMs) are to be reported when export proceeds come through NBFC Factors. Factors would tag their SWIFT messages so that AD-I banks do not create IRMs for factoring proceeds; exporters would see factor-linked IRMs on the DGFT portal to self-certify eBRCs. Comments are invited within 30 days.
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CustomsParcels from abroad: CBIC sets one procedure for all Foreign Post Offices; no reply to a document call in 30 days means assessment on record
30 days to replyRule changeCircular 35/2026-Customs prescribes a uniform SOP for personal postal imports processed through the FPO Import Application, which is live at eight locations and linked to the Risk Management System.
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