SECURITIES AND EXCHANGE BOARD OF INDIA SEBI Introduces Fast-Track Mechanism for AIF Placement Memorandum The Securities and Exchange Board of India (SEBI), through its circular dated April 30, 2026, has introduced a fast-track mechanism for processing Placement Memorandums (PPMs) of Alternative Investment Funds (AIFs). The move directly addresses longstanding delays in fund launches caused by iterative regulatory review cycles. By shifting towards a time-bound framework, SEBI

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (“IBC (Amendment) Act, 2026”) marks a significant evolution in India’s insolvency framework. Receiving Presidential assent on April 06, 2026, the amendments address long-standing challenges around delays, procedural uncertainty, and value erosion. Rather than overhauling the framework, the law sharpens its core mechanics like (a.) strengthening creditor control, (b.) tightening timelines, and (c.) introducing new

SECURITIES EXCHANGE BOARD OF INDIA Flexibility in Winding Up and Inoperative Fund Framework On March 23, 2026, the Securities and Exchange Board of India (“SEBI”) amended the SEBI (Alternative Investment Funds) Regulations, 2012 providing greater flexibility to Alternative Investment Funds (“AIFs”) in relation to winding up of schemes and surrender of registration. The amendments ameliorate AIFs which are unable to complete liquidation and surrender registration due to pendin

SECURITIES EXCHANGE BOARD OF INDIA Launch of AI-driven calling campaign to promote ‘SEBI Check’ Tool and Validated UPI Handles On 13 February 2026, the Securities and Exchange Board of India (SEBI) rolled out a multilingual, AI-enabled public outreach initiative on a pilot basis to strengthen investor awareness around its ‘SEBI Check’ tool and validated UPI handles. The initiative is being carried out in collaboration with Sarvam, which builds AI models tailored for Indian la

SECURITIES EXCHANGE BOARD OF INDIA SEBI Constitutes Working Group on Technology Roadmap for Market Infrastructure Institutions (MIIs) Overview On 8 January 2026, the Securities and Exchange Board of India (SEBI) constituted a Working Group to develop a short-term (5-year) and long-term (10-year) Technology Roadmap for Market Infrastructure Institutions (MIIs). This move reflects SEBI’s recognition of the rapidly evolving role of technology in securities markets, particularly

The Union Budget 2026-27, the first prepared in Kartavya Bhawan, is guided by three kartavyas: First Kartavya: Boost and sustain economic growth by improving productivity, competitiveness, and resilience to global challenges. Second Kartavya: Empower people and build their capacity, making them active partners in India’s progress. Third Kartavya: Ensure inclusive development under Sabka Sath, Sabka Vikas, giving all communities access to resources and opportunities. Infras

We are delighted to share that our Co-Founder and Co-Managing Partner, Ms. Sundari R. Pisupati have been recognized as a Leading Partner - Hyderabad in the Legal 500 Asia-Pacific Rankings 2026. Additionally, both of our Associate Partners, Mr. Kamesh Vedula and Mr. Raghav Agarwal been recognized as Next Generation Partners - Hyderabad.

We are delighted to share that Tempus Law Associates have been ranked as a Tier 1 firm in Leading Firms - Hyderabad (City Focus) in the Legal 500 Asia-Pacific 2026 Rankings. Additionally, our Private Equity Funds (Including Venture Capital) practice was also recognized in the Asia-Pacific India Rankings.

We are delighted to share that our Co-Founding and Co-Managing Partners, Ms. Sundari R. Pisupati and Mr. P. Raviprasad have been recognized as "Leading Lawyer Champions" for Corporate and M&A and "Leading Lawyers Champions Star Practitioners" for Dispute Resolution respectively.

SECURITIES EXCHANGE BOARD OF INDIA SEBI Issues Consultation Paper on Mandatory Disclosure of Registered Name and Registration Number on Social Media Overview On 28 November 2025, the Securities and Exchange Board of India released a consultation paper proposing a new disclosure framework for social media activity by SEBI-regulated entities and their agents. The proposal would require such entities to clearly mention their registered name and SEBI registration number on all co

Securities Exchange Board of India Consultation paper on Amendments to SEBI (CAPSM) Regulations, 2007 Overview SEBI released a consultation paper on 6 November 2025 proposing changes to the Certification of Associated Persons in the Securities Markets (“ CAPSM ”) Regulations, 2007. These rules govern who needs National Institute of Securities Markets (“ NISM ”) certification and how that certification is obtained and renewed. Since the market has evolved significantly since 2

Securities Exchange Board of India SEBI rolls out “Validated UPI Handles” and “SEBI Check” for secure investor payments Press Release No . 64/2025, dated October 01, 2025 Securities Exchange Board of India ( SEBI ) has launched two new investor protection initiatives, Validated UPI Handles (“@valid”) and SEBI Check to enhance payment security and prevent fraud in the securities market. These measures, announced through Press Release No. 64/2025 and linked to Circular No....

We are happy to share that our Corporate M&A, Private Equity (In collaboration with IFL) and Dispute Resolution practice areas has been ranked by the Asialaw Rankings 2025. Additionally, we have also been recognized for our notable work in Technology and Telecommunications sector in India.

We are excited to share both of our Co-Founders and Co-Managing Partners have been ranked as Notable Practitioners by the Asialaw 2025 Rankings. Mr. P. Raviprasad has been ranked in Dispute Resolution and Ms. Sundari R. Pisupati in Corporate and M&A (in collaboration with IFLR).

SECURITIES EXCHANGE BOARD OF INDIA Relaxation in Timeline for Submission of Net Worth Certificate by Stock Brokers Offering Margin Trading Facility Circular No . SEBI/HO/MRD/MRD-PoD-2/P/CIR/2025/120, dated August 26, 2025 Overview SEBI has revised the submission timelines for auditor-certified net worth certificates applicable to stockbrokers offering a Margin Trading Facility (MTF). As per the Master Circular for Stock Exchanges and Clearing Corporations (SECC) dated D

SECURITIES AND EXCHANGE BOARD OF INDIA SEBI Issues Draft Circular Proposing Revisions to Block Deal Framework Circular: SEBI Draft Circular dated August 22, 2025 Overview SEBI has issued a draft circular proposing an amendment to the Block Deal Framework to enhance transparency, operational efficiency, and market integrity in large trades. The proposals are based on recommendations of various stakeholders, a Working Group comprising representatives from Stock Exchanges (BSE,

RESERVE BANK OF INDIA Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025 Notification No.: RBI/2025-26/64, dated July 2, 2025 Overview The Reserve Bank of India has issued fresh directions to regulate pre-payment charges on loans , especially to protect individual borrowers and Micro & Small Enterprises (MSEs) , after the Reserve Bank’s supervisory reviews showed inconsistent practices and restrictive clauses by lenders that often discouraged borrowers fro

We are excited to share that Tempus Law Associates was recognized as a Rising Start law firm in India by the India Business Law Journal.

We are excited to share that Ms. Sundari R. Pisupati, our Co-Founder and Co-Managing Partner, was recognized as one the Top 10 Powerful...

Tempus Law Associates was Ranked in the top 50 law firms in India for Corporate & Commercial and Mergers and Acquisitions practices by...