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AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

Step 1 – Issue Identification & Review

The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required


Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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Certification required for key investment team of AIF managers. Ensure compliance for registration by May 9, 2025

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Full Text of the Document

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....The circular mandates that the key investment team of an Alternative Investment Fund (AIF) manager must have at least one key personnel with a specified certification. The certification requirement, u/s Regulation 4(g)(i) of SEBI (AIF) Regulations, 2012, came into force on May 10, 2024. The key personnel must pass the NISM Series-XIX-C exam. Existing AIF schemes and pending scheme applications must comply by May 9, 2025. The trustee/sponsor must ensure compliance and include it in the Compliance Test Report. The circular is u/s Section 11(1) of SEBI Act, 1992, to safeguard investor interests and regulate the securities market.....