Alerts & Updates 2nd Jul 2026
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.
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