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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.
Shrushti Taori, Tatva Damania
3 days ago6 min read
49
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
100
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
217
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
225
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
770
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
261
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
139
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
566
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
602
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
431
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
258
Redefining Insider Trading? Unpacking SAT’s Ruling in Kunal Kashyap v. SEBI
The SAT ruling in Kunal Kashyap v. SEBI sets a concerning precedent.
Pranav Jain, Shreyansh Anchalia
Mar 135 min read
275
[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
93
[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
197
AI in Finance: SEBI’s Blueprint for Ethical and Transparent Innovation
The homogenous regulatory approach taken by SEBI displays uniform attitude towards use of artificial intelligence and machine learning.
Bhumika Mittal
Mar 75 min read
63
The One Where Everyone’s a Suspect: Analyzing PIT-falls of SEBI’s Re-definition of “Connected Persons” and “Relatives”
The author examines the SEBI (Prohibition of Insider Trading) (Third Amendment) Regulations 2024.
Sanskruti Madhukar Kale, Aneesha Tadi
Mar 26 min read
259
Exploring the Risks and Rewards of SEBI's New Regulations on Research Analysts and Investment Advisers
These amendments are a welcome step by the SEBI for catering to its huge investor base.
Awaneesh Kumar, Tanya Gangwar
Feb 236 min read
332
SEBI’s SME IPO Regulations Revamped: A Boon or a Bane?
The question remains whether startups will adapt to this new regulatory environment.
Abhishek Sanjay, Ishan Sharan Kaushik
Feb 216 min read
193
A Deep Dive into SEBI’s Recommended Insider Trading Reforms
SEBI amendments are laudable but come with a drawback of over regulation and disturbance of efficient markets.
Kabir Kumar
Feb 155 min read
298
For Whom the Bell Tolls: SEBI’s Concept of Promoter
This piece highlights the departure from settled concept of promoter that has characterized the previous proceedings initiated by SEBI.
Ansh Chaurasia
Feb 26 min read
294
Trafiksol IPO Saga: Evaluating SEBI’s Regulatory Scrutiny in Capital Raising
The author opposes the SEBI order as it reflects SEBI’s regulatory overreach.
Owais Khan
Jan 256 min read
367
Crowdfunding Unveiled: From Equity Dreams to Regulatory Tightropes
SEBI has disallowed any form of equity crowdfunding. Given the evolving market landscape, this regulatory approach must be revisited.
Nachiketh Patil
Jan 117 min read
369
Piramal Pharma Case: Stretching LODR Obligations?
By holding companies liable for disclosure failure of holding entities, the WTM order undermines the principle of separate legal identity.
Krishna Natesan
Jan 115 min read
336
Navigating Directors' Duties: The Case for Codifying Business Judgment Rule in India
The codification of the BJR would balance judicial interference with independence in corporate decision-making.
Archie Aherwar
Dec 26, 20246 min read
287
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