Corporate Amicus, November 2025

Read full newsletter in pdf here above.

Article

Indian Family Offices: A new investment force in private market

By Shipra Verma

The article in this issue of Corporate Amicus discusses the rise of the direct investments by Indian Family Offices due to India’s consistent and steady economic growth, the increasing maturity of its capital markets, and other factors. It also discusses how investments by family offices are distinct from that by traditional PE funds, and how these offices are structured – as Private Limited Companies and Limited Liability Partnerships, or as Alternative Investment Funds. The author, for this purpose, also analyses the pros and cons of both the structures. Also, discussing the rights of the investors and Family Investment Funds in the GIFT City, the author points out that it is time for the SEBI to introduce a dedicated regulatory framework to oversee Family Offices as distinct investment vehicles.

Notifications and Circulars
 

• Companies (Meeting of Board and its Powers) Rules, 2014 amended
   
• Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 amended to give relief to exporters
   
• Reserve Bank of India (Trade Relief Measures) Directions, 2025 notified
   
• RBI revises account details receiving FEMA compounding application fee and compounding amount

Ratio decidendi
 

• Mere title of ‘Arbitration’ shall not render it to be an arbitration agreement, in absence of intent of parties – Supreme Court
   
• Order rejecting a plaint, being a decree, is appealable under Commercial Courts Act, 2015 – Order refusing to reject a plaint is not appealable – Supreme Court
   
• Indian Courts do not have jurisdiction to appoint arbitrators in foreign-seated arbitration – Supreme Court
   
• Dues of the employees’ provident funds and accompanying interests shall prevail over the priority given to secured creditors under SARFAESI Act – Supreme Court
   
• Belated objections in an auction on partial sale or upset prices are barred under Order XXI Rule 90(3) of the Code of Civil Procedure, 1908 – Supreme Court
   

News Nuggets
 

• Labour Codes notified by the Central Government
   
• Delhi HC upholds provisions relating to international workers under EPF Act
   
• NCLAT partially upholds CCI Order against Meta; Lifts WhatsApp data-sharing ban
   
• Mandatory ‘country of origin’ filters proposed for e-commerce platforms
   
• SEBI introduces single window gateway for low-risk foreign investors
   
• Telangana sets up AI Innovation Hub
   
• PayU receives RBI assent for a Payment Aggregator license