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ARTICLE · 30 APRIL 2026

APTEL Issues Directions For Liquidation Of Regulatory Assets In A Time-bound Manner

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SEBI has introduced significant amendments to InvIT, AIF, and REIT regulations, lowering credit risk thresholds for liquid mutual funds and expanding investment flexibility.

IndiaLitigation, Mediation & Arbitration

The Appellate Tribunal for Electricity (“APTEL”), vide judgement dated 20.04.2026 in OP No. 1 of 202513 titled In Suo-Moto action under Section 121 of the EA, has exercised its powers, while ensuring compliance of the directions issued by the Supreme Court vide judgement dated 06.08.2025 in Writ Petition (C) 104 of 2014 & batch (“SC Judgement”).

APTEL, while examining the scope of its jurisdiction under Section 121 of the Electricity Act, 2003 (“Electricity Act”), observed that APTEL is empowered to issue such orders, instructions or directions to the appropriate commission as it may deem fit for the performance of its statutory functions under the Electricity Act. It was further observed that such power is supervisory in nature and is to ensure that the commissions act in accordance with the provisions of the Electricity Act, and the Rules & Regulations made thereunder.

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