Alerts & Updates 2nd Jul 2026

SEBI continues its strict approach towards winding-up of AIF schemes and trustee liability

Authors

Vinod JosephPartner | Mumbai
Saloni Khaitan
Saloni Khaitan Associate | GIFT City

Latest Thought Leadership

Alerts & Updates 2nd Jul 2026

SEBI proposes new rules for obtaining consent from investors in AIFs

Read More
Investment Funds
Alerts & Updates 30th Jun 2026

IFSCA Proposes the Integration of Regulated Entities with KYC Registration Agencies

Read More
Alerts & Updates 26th Jun 2026

RBI Tightens Customer Protection Framework for Fraudulent Electronic Banking Transactions

Read More
Alerts & Updates 26th Jun 2026

The Government of India introduces a transition facilitation mechanism for certain quality Control Orders

Read More

Through its recent adjudication order dated June 30, 2026, in the matter of Exfinity Technology Fund, SEBI has reiterated its position regarding the winding-up of AIF schemes and trustee accountability. We have reviewed this order and analysed it in light of previous orders by SEBI and relatively recent developments such as “liquidation scheme” and “dissolution period”, which were introduced by SEBI after the regulatory breach by Exfinity Technology Fund took place.

Read the detailed update here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.