Clarification and extension of deadline with respect to circular on 'Guidelines on disclosures, reporting and clarifications under AIF Regulations'

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..... on of deadline with respect to circular on 'Guidelines on disclosures, reporting and clarifications under AIF Regulations' SEBI had issued a circular No. CIR/IMD/DF/14/2014 dated June 19, 2014 on 'Guidelines on disclosures, reporting and clarifications under AIF Regulations'. In this regard, it is clarified as under: 1. The deadline for sending of annexure to the placement m .....

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..... be construed as changes in the fundamental attributes of the fund/scheme and the process for exit under the clause shall not apply in cases where the AIF has approval of not less than 75% of unit holders by value of their investment in the AIF with respect to sub-clauses (a) and (b). 4. With respect to clause 3(d), joint investors shall mean where each of the investor contributes towards the A .....

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