Regulation 14 - Prohibition on inviting subscription from the public. - Securities And Exchange Board of India (Venture Capital Funds) Regulations, 1996

CHAPTER IV GENERAL OBLIGATIONS AND RESPONSIBILITIES Prohibition on inviting subscription from the public. 14. No venture capital fund shall issue any document or advertisement inviting offers from the public for the subscription or purchase of any of its 1 [* * *] units. -------------------- Notes:- 1. Words securities or , after the words purchase of any of its and before the word units shall be omitted by the SEBI (Venture Capital Funds) (Second Amendment) Regulations, 2000, w.e.f. 30-12-2000.