Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
The SEBI Amendment Regulations, 2025 modify the Alternative Investment Funds (AIF) regulatory framework, specifically amending Regulation 17. The amendment clarifies that Category II AIFs shall invest in investee companies or units of Category I or other Category II AIFs as disclosed in the Placement Memorandum. The regulation introduces an explanatory clause specifying that such funds shall primarily invest in unlisted securities and/or listed debt securities rated 'A' or below, either directly or through units of other Alternative Investment Funds, in a manner prescribed by the regulatory board. The amendment aims to provide greater clarity and guidance for investment strategies of Category II Alternative Investment Funds.
The SEBI Amendment Regulations, 2025 modify the Alternative Investment Funds (AIF) regulatory framework, specifically amending Regulation 17. The amendment clarifies that Category II AIFs shall invest in investee companies or units of Category I or other Category II AIFs as disclosed in the Placement Memorandum. The regulation introduces an explanatory clause specifying that such funds shall primarily invest in unlisted securities and/or listed debt securities rated 'A' or below, either directly or through units of other Alternative Investment Funds, in a manner prescribed by the regulatory board. The amendment aims to provide greater clarity and guidance for investment strategies of Category II Alternative Investment Funds.
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