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<h1>Forward Contracts Regulation Rules, 1954: Legal Framework for Structured and Compliant Forward Contracts Under Section 28 of 1952 Act.</h1> The Forward Contracts (Regulation) Rules, 1954, established under the authority of Section 28 of the Forward Contracts (Regulation) Act, 1952, are statutory provisions enacted by the Central Government of India. These rules are designed to regulate forward contracts, providing a legal framework for their operation and enforcement within the country. The rules serve to implement the objectives of the 1952 Act, ensuring that forward contracts are conducted in a structured and legally compliant manner.