Below, I’ve distilled the key legal points you must follow (Do’s) and the common pitfalls to avoid (Don’ts) when applying for / setting up a Category I AIF in India. I cite the primary SEBI sources and recent SEBI circulars for the most important rules so you can rely on them for formal compliance. https://www.corpzo.com/dosdonts-registering-a-category-i-aif