News & Media 20th Feb 2026

Regulator clamps down on dormant GIFT City firms

Authors

Vinod JosephPartner | Mumbai

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Our Partner, Vinod Joseph shares his insight in Mint , “Regulator clamps down on dormant GIFT City firms.”

He highlights that Inactive licence-holders still remain on the regulator’s books, creating an extra monitering burden, especially when space in GIFT City is limited. Since only regulated entities can occupy space, but fail to commence operations.

Read the article here

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