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ARTICLE · 10 SEPTEMBER 2024

Alternative Investment Funds

JSA Advocates & Solicitors
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JSA Advocates & Solicitors

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This compendium consolidates all the key developments pertaining to the finance and insolvency laws in India which were circulated as a part of the JSA Prisms and Newsletters during the calendar period from January...

IndiaFinance and Banking
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The ever-increasing regulatory oversight on Alternative Investment Funds

Increased regulatory oversight on Alternative Investment Funds ("AIFs") has been in the news in the recent past. In addition to direct regulatory oversight on the AIFs itself, AIFs are also indirectly impacted by various other statutory and regulatory restrictions or conditions that are applicable to the underlying legal form of the AIF, the investors in the AIF or the investment portfolio of the AIFs.

Some of the recent statutory and regulatory amendments affecting AIFs are discussed below.

1. Significant beneficial ownership and AIFs

Under the Securities and Exchange Board of India ("SEBI") (AIFs) Regulations, 2012 ("AIF Regulations"), an AIF can be established or incorporated in the form of a trust or a company or a Limited Liability Partnership ("LLP") or a body corporate.

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