Regulation 19AB - Placement memorandum or subscription agreement - Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012

1 [Placement memorandum or subscription agreement. 19AB . (1) The migrated venture capital fund shall (a) issue a placement memorandum which shall contain details of the terms and conditions subject to which monies are proposed to be raised from investors; or (b) enter into a contribution or subscription agreement with the investors which shall specify the terms and conditions subject to which monies are proposed to be raised. (2) The migrated venture capital fund shall file with the Board for information, the copy of the placement memorandum or the copy of the contribution or subscription agreement entered into with the investors along with a report of money actually collected from the investor. ] ***************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2024/194 dated 11-07-2024