SEBI’s Strategic Blueprint for Hassle-free AIF Liquidation and In-Specie Asset Distribution Introduction The Securities and Exchange Board of India (“SEBI”) kept its eyes peeled over the emergence of Alternative Investment Funds (“AIFs”), and it’s unfolding as a higher-risk private pool of funds. The quicksand, however, was the unliquidated AIFs [1] (investments that are not sold due to lack of liquidity, which may be due to sectoral changes or pending litigation [2]) that pinched hard on…