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SEBI plugs long-standing gap in AIF winding-up process
The framework allows AIFs to retain liquidation proceeds in specified cases, including pending or anticipated litigation, tax or regulatory demands, and residual winding-up expenses
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economictimes.indiatimes.com
Sebi allows AIFs to retain liquidation proceeds beyond fund life
The Securities and Exchange Board of India (Sebi) has unveiled updated guidelines for Alternative Investment Funds (AIFs). Under these new rules, AIFs will have the option to keep…
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thehindubusinessline.com
SEBI eases AIF winding-up norms, introduces ‘inoperative fund’ status
SEBI eases winding-up norms for AIFs, allowing retention of liquidation proceeds and introducing 'Inoperative Fund' status for compliance.
