Alerts & Updates 17th Jun 2026

New SEBI Rules for Retention of Proceeds and ‘Inoperative Fund’ Status for AIFs

Authors

Vinod JosephPartner | Mumbai
Paridhi Jain
Paridhi JainSenior Associate | Mumbai

Latest Thought Leadership

Investment Funds
Alerts & Updates 7th Aug 2026

Master Circular for AIFs modified to operationalize GARUDA for launch of AIF Schemes

Read More
Alerts & Updates 5th Aug 2026

Bankers’ Books Evidence Bill, 2026: Recasting a 135-Year-Old Evidence Law for Digital Banking

Read More
Newsletter/Booklets 4th Aug 2026

Market Matters – The Antitrust Brief – July 2026

Read More
Investment Funds
Alerts & Updates 4th Aug 2026

Recasting India’s Foreign Investment Framework: Key Features of the Draft FI Rules, 2026

Read More

SEBI has issued a circular dated June 16, 2026, to set out (i) rules for the retention of liquidation proceeds by AIF schemes at the time of winding up of the scheme and (ii) the process by which an AIF may obtain an ‘Inoperative Fund’ status.  We have reviewed this circular and analysed it in this Update.

Read the complete 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.