https://www.taxtmi.com/circulars?id=68923 Transfer of PMS business requires prior regulatory approval. Intra group transfers may be of select investment approaches or the entire business, with surrender of registration if fully transferred. Inter group transfers require a joint application, mandate complete business transfer, and require the transferee to undertake liability for all acts, deeds, pending actions, litigations and other obligations; the transferor must not onboard new clients during the process and must surrender its registration upon completion. Specified undertakings, client consents, board resolution, business transfer agreement and fit and proper declarations are required. en-us Fri, 24 Oct 2025 00:00:00 +0530 Tue, 28 Oct 2025 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68923 Transfer of PMS business requires prior regulatory approval. Intra group transfers may be of select investment approaches or the entire business, with surrender of registration if fully transferred. Inter group transfers require a joint application, mandate complete business transfer, and require the transferee to undertake liability for all acts, deeds, pending actions, litigations and other obligations; the transferor must not onboard new clients during the process and must surrender its registration upon completion. Specified undertakings, client consents, board resolution, business transfer agreement and fit and proper declarations are required. Circulars SEBI Fri, 24 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68923