Alerts & Updates 6th Jun 2023

SEBI initiates ‘Roll-Over’ of Tail End AIF assets: A fresh start for Aging Funds?

Authors

Manendra Singh Partner | Mumbai

Latest Thought Leadership

Articles 26th Jul 2024

GST Amnesty Scheme: A Positive Step Towards Reducing Litigation before the upcoming GST Tribunal

Read More
Alerts & Updates 26th Jul 2024

Guarantor Liability under IBC and Contract Act – Critical Gaps in the application of Principle of Subrogation

Read More
News & Media 26th Jul 2024

Judgement that will alter both federal and mineral tax landscape

Read More
News & Media 26th Jul 2024

Mineral merry for states: Centre does not have sole claim on royalties, says Supreme Court

Read More

Close-ended alternative investment funds (AIFs) have faced issues such as lack of liquidity, and regulatory hurdles while liquidating their assets towards the expiry of their tenure. Realizing these concerns, the securities markets regulator, SEBI, had recently approved, via a press release, the option of allowing carry forward of unliquidated investments beyond the currently allowed tenure of AIFs.

Against this backdrop, Manendra Singh, Partner, Economic Laws Practice (ELP) have analyzed the said proposal in their article titled, SEBI initiates ‘Roll-Over’ of Tail End AIF assets: A fresh start for Aging Funds? published by Taxmann.

Read the article here: Click here