Related-party creditor exclusion bars CoC participation where lender rights show policy-making involvement, and post-CIRP assignment cannot cure ineli...
Rectification of apparent typographical errors may proceed without hearing when tax liability, input tax credit, and ruling substance remain unchanged...
SEBI extended the reporting deadline for differential rights issued by AIFs from February 28, 2025 to March 31, 2025. The extension applies to AIFs/schemes whose Private Placement Memoranda were filed with SEBI on or after March 1, 2020, and have issued differential rights not aligned with Standard Setting Forum implementation standards. The relaxation follows industry representations requesting additional compliance time. The directive, issued under Section 11(1) of SEBI Act 1992 and AIF Regulations 20(22) and 36, aims to facilitate regulatory compliance while maintaining investor protection and market development objectives. The extension provides immediate relief to affected AIFs in meeting their reporting obligations.
SEBI extended the reporting deadline for differential rights issued by AIFs from February 28, 2025 to March 31, 2025. The extension applies to AIFs/schemes whose Private Placement Memoranda were filed with SEBI on or after March 1, 2020, and have issued differential rights not aligned with Standard Setting Forum implementation standards. The relaxation follows industry representations requesting additional compliance time. The directive, issued under Section 11(1) of SEBI Act 1992 and AIF Regulations 20(22) and 36, aims to facilitate regulatory compliance while maintaining investor protection and market development objectives. The extension provides immediate relief to affected AIFs in meeting their reporting obligations.
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