India: Fund Management/ REITs

In the October edition of our monthly newsletter "Legalaxy", our team analyses some of the key developments in securities market, banking and finance, corporate affairs and labour.

Imagine you are at an auction, the property of your dreams is gavelled away, but what if the true owners, moments after the sale, arrive with enough money to clear their debt?

In this Lexpresso special, we decode SEBI's latest amendment to the Alternative Investment Funds (AIF) Regulations, introducing the Co-Investment Scheme (CIV Scheme)...

On July 08, 2025, the Financial Action Task Force (FATF) Plenary released documents titled "High-Risk Jurisdictions Subject to a Call for Action" and "Jurisdictions under Increased Monitoring" with respect to jurisdictions that have...

In a significant regulatory development aimed at strengthening the capital market framework for infrastructure and real estate sectors, the Securities and Exchange Board of India (SEBI)...

A Division Bench of the Hon'ble Delhi High Court in a writ petition involving Equity Intelligence AIF Trust (the Fund) ruled that a Category III Alternative Investment Fund (AIF) shall be treated as a determinate trust insofar as the identity of the investors and their respective shares are set out in the contribution agreements (see Equity Intelligence AIF Trust v CBDT and Anr, 2025:DHC:6170-DB).

On June 24, 2025 (Policy/11/2025‑CL‑V‑MC), several measures were introduced to streamline IFSC company incorporation: The Central Registration Centre will no longer object to industrial codes 65–67.

The International Financial Services Centres Authority (‘IFSCA'), in its meeting held on June 24, 2025 has, inter alia, approved pivotal amendments to the IFSCA...

Under the extant tax law, a unit in the International Financial Services Centre (‘IFSC') is eligible for availing a 100% tax deduction on certain eligible income for a period of 10 consecutive years out of 15 years...