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Corporate Laws Central Ministry of Finance International Financial Services Centres Authority Act, 2019

IFSCA issues International Financial Services Centres Authority (Fund Management) (Amendment) Regulations, 2026

27-Jan-2026 | IFSCA/GN/2026/006

IFSCA has issued the Amendment Regulation amending the provisions of the International Financial Services Centres Authority (Fund Management) Regulations, 2025. By virtue of this Amendment Regulation: 1. The proviso to Regulation 19(3) has been amended to provide that, where a Fund Management Entity (FME) fails to comply with the minimum corpus requirement of USD 3 million specified under Regulation 23 within the prescribed timeline, it may extend the validity of the placement memorandum for a period of six months commencing from the day immediately following the expiry of the existing validity period. Such extension shall be subject to the filing of an application accompanied by a fee equal to: i. 25% of the applicable fee for filing a fresh scheme, for the first extension; and ii. 50% of the applicable fee for filing a fresh scheme, for each subsequent extension. 2. An additional proviso has been inserted after the proviso to Regulation 35(2), which specifies that investments by an open-ended scheme in unlisted securities shall be undertaken only upon achieving the minimum corpus of USD 3 million. 3. In Regulation 132, the Second Explanation has been amended to provide that, where a scheme requires the appointment of a custodian in IFSC, such appointment may be made within 24 months from the date of commencement of the International Financial Services Centres Authority (Fund Management) (Amendment) Regulations, 2026. During this period, the FME may appoint an independent custodian in India or in any foreign jurisdiction regulated by the financial sector regulator of such foreign jurisdiction. Kindly refer to the attached document for further details.

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Corporate Laws

IFSCA notifies International Financial Services Centres Authority (Electronic Trading Platforms) Regulations, 2026

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Industry Specific - Food Laws

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Tamil Nadu enacts amendment to Town and Country Planning Act, 1971

15-Sep-2026 | [Regd. No. TN/CCN/467/2012-14

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Tamil Nadu enacts Second Amendment to the Tamil Nadu Panchayats Act, 1994

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Notification regarding establishment of Indian Standards and their date of withdrawal of previous standards

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