Co-investment under the SEBI AIF regulations

More and more AIFs are looking at using the co-investment route to attract further investments into the AIF. This may give rise to multiple issues such as rights at the portfolio level, possibility of being considered persons acting in concert and selection criteria of the AIF to offer the co-investment opportunities. In this article, Abhinav […]
Corporate Governance in India: Who observes the observer?

Corporate governance in Indian companies has come under scrutiny in the recent past, for various reasons. Several high-profile issues have come to light in the last couple of years- inaccurate financial reporting, allegations of fraud, and misconduct by the management in companies pursuing disproportionate growth. This has heightened the focus on how governance structures in […]
Key Takeaways: SEBI informal guidance on Angel Fund

An Angel Fund may not purchase shares of its portfolio company pursuant to pre-emptive rights/rights issue/renounced rights issue if, at the time of such proposed purchase, the company has ceased to be a start-up. In November 2024, SEBI issued a consultation paper on review of the regulatory framework for angel funds[1] (“Consultation Paper”). The Consultation […]
2024 regulatory round-up for funds in GIFT International Financial Services Centre (IFSC)

In this article, Vaidehi Balvally and Nandini Pathak share the key regulatory developments from 2024 for funds in the GIFT IFSC in India. Read Here: 2024 regulatory round-up for funds in GIFT International Financial Services Centre (IFSC) | IQ-EQ India
Regulation of side letters in India

In this article, Vaidehi Balvally and Nandini Pathak focus on the regulation of side letters in India. Read Here: https://www.americanbar.org/groups/international_law/resources/newsletters/regulation-side-letters-india-comparative-analysis/
Budget 2025 – For Love of the People

Budget 2025 – For Love of the People BLC Analysis of the Union Budget 2025 With the introduction of a new direct tax code on the horizon, sweeping changes to the income tax law were unlikely this year. As anticipated, the proposed changes while meaningful are modest in many respects, with the highlight being a […]
The Year That Was .. Investment Funds | 2024 Wrap

The Year That Was .. M&A, PE & VC | 2025 Wrap
The Year That Was .. M&A, PE & VC | 2024 Wrap

The Year That Was .. M&A, PE & VC | 2024 Wrap
LP Rights to be Pro-rata and Pari-passu in AIFs

LP Rights to be Pro-rata and Pari-passu in AIFs
Business Standard quotes Nandini Pathak on SEBI’s proposed pro-rata distribution mandate for AIFs

Nandini shares her thoughts on expected tweaks in SEBI’s final norms to be issued regarding AIFs pro-rata distribution mandate Link to the article: https://www.business-standard.com/amp/markets/news/pro-rata-distribution-mandate-for-aifs-may-see-tweaks-in-sebi-s-final-norms-124101001033_1.html
