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

Newsletter/Booklets 3rd Sep 2026

Market Matters – The Antitrust Brief – August 2026

Read More
Investment Funds
Alerts & Updates 28th Aug 2026

SEBI Consultation Paper on Exemption from the requirement of mandatory merchant banker appointment for Small-value debt through private placement by certain listed issuers

Read More
international trades
Alerts & Updates 26th Aug 2026

U.S. Expands Iran Sanctions under “Operation Economic Outcast” – New Sectoral Measures and India-Related Measures

Read More
international trades
Alerts & Updates 26th Aug 2026

U.S. Expands Iran Sanctions under “Operation Economic Outcast” – New Sectoral Measures and India-Related Measures

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.