Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SEBI has proposed extensive changes to Portfolio Managers Regulations, seeking stakeholder comments by August 13, 2026.
SEBI has implemented a buy-back freeze framework at the ISIN level to embed promoter trading restrictions in market systems, enhancing compliance during buy-back operations.
SEBI has launched the GARUDA mechanism, aiming to expedite the filing of Private Placement Memorandum (PPM) and the launch of Alternative Investment Funds (AIF) schemes. This revision is effective immediately under the amended AIF Regulations.
SEBI clarifies that Alternative Investment Fund units are not treated as mutual funds and remain subject to prudential limits under Portfolio Managers Regulations.
SEBI has updated the certification norms for specialized investment fund distributors, replacing the Series XIII certification with NISM Series V-D.
SEBI clarifies compliance obligations under Regulation 62A for entities assuming outstanding unlisted NCD obligations after restructuring.
SEBI has revised the securities transmission framework, introducing QTP with standardized documents and streamlined processing timelines effective July 23, 2026.
A detailed guide on the SEBI SCORES authentication process has been released, covering complaint handling, compliance obligations, and timelines for registered intermediaries.
SEBI has amended the Mutual Funds Regulations to permit intraday borrowing for timing mismatches, providing greater operational flexibility to fund managers, effective from September 2026.
SEBI's recent notification establishes a requirement for custodians to report and remit fees on a monthly basis, effective October 1, 2026. This change is aimed at ensuring timely oversight of custodian activities.