This monthly legal roundup is a compilation of our thought leadership articles published in the month of March 2025 on key legal and regulatory topics. Please download the PDF or click on the access links to read more.
SEBI Proposes Expanding Investment Opportunities for Category II AIFs
SEBI on 07 February 2025, issued a consultation paper proposing to expand the investment avenues available to Category II AIFs under the SEBI (Alternative Investment Fund) Regulations, 2012, in relation to debt securities of listed companies.
Read MoreOpening of Demat Account in name of Association of Persons
SEBI has issued a circular dated 25 February 2025, amending the Master Circular for Depositories dated 03 December 2024. The amendment allows association of persons (AoP(s)) to open demat accounts in their own names to hold permitted securities.
Read MoreUpdate on Appointment and Change of Key Managerial Personnel by Fund Management Entities
The International Financial Services Centre Authority has issued new guidelines for the appointment and change of Key Managerial Personnel by Fund Management Entities in IFSCs, effective from 20 February 2025.
Read MoreSEBI PIT Regulation Amendment: Strengthening Insider Trading Norms
International Financial Services Centre Authority has issued new guidelines for the appointment and change of Key Managerial Personnel by Fund Management Entities in IFSCs, effective from 20 February 2025.
Read MoreReduction of share capital amounts to ‘transfer’ of capital assets
The Supreme Court in the case of Principal Commissioner of Income-tax v. Jupiter Capital (P.) Ltd. has held that reduction of share capital could be considered ‘transfer’ of capital assets under section 2(47) of the Income-tax Act, 1961 and the resultant capital loss should be allowed.
Read MoreRegistration as “Supplier” not required to approach Facilitation Council under MSME Act
In this article we discuss the Supreme Court's ruling in its single judge bench on ‘NBCC (India) v. State of West Bengal.’
Read MoreDPDP Rules: End of a long wait or yet another failed attempt?
MEITY has released draft Digital Personal Data Protection Rules that aim to protect rights and privacy of individuals while clarifying the procedural framework for implementation of Digital Personal Data Protection Act, 2023. In this update, we discuss the key provisions of the draft rules.
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