Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

  • Connect
Dec 31, 2020

AIFs in International Financial Services Centres

International Financial Services Centres Authority on December 9, 2020 has issued a Circular amending the norms governing the set-up of AIFs in International Financial Services Centres (‘IFSC’) under SEBI (IFSC) Guidelines, 2015 (‘IFSC Guidelines’) and the operating guidelines dated November 26, 2018. The amendment has been introduced to align the current framework governing AIFs in IFSCs with the international framework. The key changes introduced by the Circular deal with: (i) engagement by an AIF in leveraging activities and the conditions thereof; and (ii) co-investment in a portfolio company through a segregated portfolio by issuing a separate class of units and the conditions thereof.

TAGS

SHARE

Subscribe

DISCLAIMER

These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

RELATED READING

Inter Alia

Opening of Additional Current Account for Export Proceeds for Category-I AD Banks

Jan 23, 2024 | Private Equity & Venture Capital Regulatory & Securities
Inter Alia

SC Held That Mere Contemplation of Urgent Relief Should Not Be a Guise to Bypass Statutory Pre-Litigation Mediation

Jan 23, 2024 | Dispute Resolution
Inter Alia

Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023

Jan 23, 2024 | Financial Services Private Equity & Venture Capital Regulatory & Securities