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Redesigning Regulatory Integrity: Addressing Conflicts of Interest in SEBI’s Board Structure
The authors discuss how the CoI Code falls short of aptly regulating the potential instances of conflict of interest, especially in light of the tech related advancements that have taken place over time.
Kumar Aryan, Navjot Punia
1 day ago6 min read
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Redefining UPSI: The 2025 Insider Trading Amendment’s Wider Net and Its Corporate Governance Fallout
While the 2025 amendment reflects a commendable effort to bring definitional certainty to the insider training framework, its efficiency hinges on whether SEBI can balance clarity and adaptability.
Vedansh Raj
2 days ago7 min read
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Reimaging Bank Resolution in India: Post-FRDI Model with Global Insights
In light of the emerging complexities and a consequent need for a designated framework to tackle the failure of banks, India must move beyond ad-hoc mechanisms and create a proactive and accountable framework.
Disha Daga, Shivam Agrawal
3 days ago7 min read
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Crypto Asset Reforms: From Wild West to Well-Regulated India
The current patchwork approach (neither recognizing crypto-assets as legal tender nor banning them outright, coupled with a flat 30% tax on gains) leaves investors and service providers in limbo.
Shivangi Nawalkha, Nimish Maheshwari
Jun 307 min read
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Steel, Taxes and Green Futures: India's MSME Resistance Against EU Carbon Rules
The EU's CBAM presents India with a tough but necessary choice: resist and lose competitiveness or adapt and emerge stronger. While critics argue carbon pricing hurts MSMEs, the alternative—paying full CBAM levies—is worse.
Aman Anand, Dhruv Saxena
Jun 286 min read
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Bridging the Gaps: SEBI’s Bold Blueprint for India’s REIT and InvIT Future
SEBI’s 2025 consultation paper mark a progressive step toward enhancing the ease of doing business, operational clarity, transparency and investor inclusiveness in the REIT and InvIT frameworks.
Jainam Shah, Tanay Hindocha
Jun 236 min read
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M&A Hits the Cricket Pitch: Torrent’s Majority Acquisition in Gujarat Titans
Acquisition of majority stake by Torrent group from CVC Capital in Gujarat Titans marks a start of an upcoming trend where franchise sports are going to become a key strategic investment area for corporate investors in India.
Mudit Gupta
Jun 214 min read
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Un-layering the Complexity: Round Tripping and Layered Structures under 2024 Share Swap Amendment
The 2024 amendment is undoubtedly a step in the right direction for cross-border M&A in India. However, the continued ambiguity surrounding round-tripping and layered transactions limits its potential.
Jigyasa Bohra, Pranjal Kushwaha
Jun 196 min read
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Units of REITs and InVITs: From Hybrid towards Equity?
The author believes that any attempt to characterize the units as equity rather than hybrid would affect the very artificial juridical character of these investment trusts as trusts.
Owais Khan
Jun 156 min read
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When Law Limits Leverage: Can India Build a Safer LBO Model?
It is a need of an hour for India to tailor certain reforms, like easing lending restrictions for IBC-approved assets, permitting controlled use of target collateral, creating special IPO windows, and expanding high-yield debt options, would allow the Indian market to benefit from LBOs, alongside also being cautious.Â
Shrushti Taori, Tatva Damania
Jun 136 min read
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SEBI’s New Disclosure Norms for REITs and InvITs- Regulatory Accountability Deepened
As the regulatory perimeter expands and matures, the distinction between corporate issuers and trust-based entities will continue to blur—at least in terms of compliance expectations.
Purnima Rathi
Jun 95 min read
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Analyzing the Legality of SEBI’s Sub-Delegation of Penalty-Levying Powers to Stock Exchanges under LODR and Master Circular
SEBI’s delegation of penalty-levying powers to RSEs lacks explicit statutory backing under the SEBI Act and SCRA.
Tanay S Naidu, Ayush Singhal
May 76 min read
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Too Fast, Too Furious? SEBI Slows Down Algo Trading for Retail Safety
SEBI has shown a number of apprehensions regarding retail investors getting involved in algo trading, citing possible manipulation of the market, unfair access to market information, and excessive volatility.
Akshat Shukla, Tanvi Agrawal
May 46 min read
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When Family Becomes Liability: SEBI Eyes Trading Window Freeze for Relatives of Designated Persons
While the automated framework enhances enforcement efficiency, its blanket application to IRs, without refining definitional clarity and safeguarding individual autonomy risks regulatory overreach, compliance fatigue, and unjust restrictions on bona fide investors.
Tejas Chandna
Apr 306 min read
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SEBI’s New Disclosure Standards for Related Party Transactions and Corporate Governance Implications
While SEBI’s reforms mark a significant advance, their true impact will depend on whether they lead to substantive improvements in governance or result in mere procedural compliance.
Veenita Aware
Apr 186 min read
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Regulated Flexibility: SEBI introduces Specialized Investment Funds for Wealthy Investors
SIFs may bring advanced investment techniques to India's expanding HNI base and establish a model for emerging markets. However, neglecting world lessons or discounting major threats may repeat the mistakes of the past.
Anasruta Roy
Apr 186 min read
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Tokenization of Real-World Assets in India: Governance Structures through the IFSCA Lens
The authors advocate for inclusion of REITs and involvement of appropriate regulatory bodies to govern lending of RWAs through blockchain routes.
Fagun Bhatt, Tanay Hindocha
Apr 116 min read
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Rule 25A Amendment: Doing Away with NCLT Approval in Cases of Reverse FlippingÂ
This blog analyses the merger process under the new rules while comparing it with the process under older regulations,
Pranjal Nayak
Apr 15 min read
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Enhancing Regulatory Framework for SME IPOs: Are the Proposed Changes Sufficient?
This piece explores whether SEBI’s recent reforms are enough to rebuild trust and drive sustainable growth in the SME-IPO space.
Tejasvi Kochar
Mar 267 min read
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Algorithmic Trading in India: Critical Analysis of SEBI's Framework for Retail Investor
As SEBI opens the gates of algorithmic trading to retail investors, this blog critically examines the circular.
Aahini Gandhi, Rudraksh Sharma
Mar 146 min read
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Decoding the GIFT City SPV Framework: Charting the Path to Efficiency and Drawing Parallels with DIFC
The blog analyzes technical implications of GIFT City SPV framework, navigates some potential issues that may arise and proposes solutions.
Saharsh Likhare, Shriyansh Sameer Mishra
Mar 147 min read
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Redefining Insider Trading? Unpacking SAT’s Ruling in Kunal Kashyap v. SEBI
The SAT ruling in Kunal Kashyap v. SEBIÂ sets a concerning precedent.
Pranav Jain, Shreyansh Anchalia
Mar 135 min read
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[Part 2] Recasting the Net of Contra-Trading Restrictions: A Critical Examination of SEBI’s Proposed Expansion of ‘Connected Persons’
The proposed amendments to insider trading regulations, although well-intentioned, raise significant concerns.
Harshal Chhabra, Pranshu Gupta
Mar 95 min read
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[Part 1] Recasting the Net of Contra-Trading Restrictions: A Critical Examination of SEBI’s Proposed Expansion of ‘Connected Persons’
SEBI’s proposed expansion of ‘connected persons’ represents a pivotal shift in insider trading regulations.
Harshal Chhabra, Pranshu Gupta
Mar 86 min read
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