Changes to the Indian Funds Regime in 20222022 was buzzing with activity in the regulatory space of Alternative Investment Funds in India. Our team has distilled those changes into…Dec 12, 2022Dec 12, 2022
Companies Act UpdateMCA increases thresholds for small companies: Step in the right directionSep 27, 2022Sep 27, 2022
SEBI Introduces Code of Conduct for Fund Managers and IC MembersAs decided by SEBI in its Board meeting on March 25, 2021, SEBI vide gazette notification dated May 05, 2021 (“Amendment”) has amended the…May 7, 2021May 7, 2021
Regulation of Non-Personal Data in IndiaThe Ministry of Electronics and Information Technology has released the Draft Non-Personal Data Governance Framework (“Report”) and…Aug 17, 2020Aug 17, 2020
Stamp Duty on Units of VC/PE FundsVC/PE funds are typically registered as Alternative Investment Fund (“AIF”) in India. From July 1, 2020, funds have to pay stamp duty on…Jul 3, 2020Jul 3, 2020
Should Indian Startups Raise Funds through SAFE Notes?Simple Agreement for Future Equity (“SAFE”) notes were introduced by Y Combinator in 2013. Since then, SAFE Notes have been used by…Jun 20, 2020Jun 20, 2020
Be the Change: SEBI Introduces Regulatory FrameworkIn a welcome change to boost innovation in India’s capital market, the Securities and Exchange Board of India (“SEBI”) has introduced a…Jun 18, 2020Jun 18, 2020
SEBI Mandates Annual Audit of PPMs for VC/PEOn February 5, 2020, India’s capital market regulator, the Securities and Exchange Board of India (“SEBI”) had issued a circular mandating…Jun 15, 2020Jun 15, 2020