Securities and Exchange Board of India (Venture Capital Funds) (Second Amendment) Regulations, 2000

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..... Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities and Exchange Board of India (Venture Capital Funds) Regulations, 1996 namely :- I (i) These regulations may be called the Securities and Exchange Board of India (Venture Capital Funds) (Second Amendment) Regulations,2000. .....

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..... suspended'. 3. In regulation 12, in clause (d), in sub-clause (i), the proviso shall be omitted. 4. Regulation 13 shall be substituted by the following, namely:- "13 - No venture capital fund shall be entitled to get its units listed on any recognised stock exchange till the expiry of three years from the date of the issuance of units by the venture capital fund." 5. In regulation 14, the word .....

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..... e of India on December 4, 1996, vide S.O. 850(E). 2. The Regulations was subsequently amended on : (a) January 5,1998 by the SEBI (Venture Capital Funds) (Amendment) Regulations, 1998 vide S.O.No.l9(E). (b) November 17,1999 by the SEBI (Venture Capital Funds) (Amendment) Regulations, 1999 vide S.O. No. 1118(E). (c) September 15,2000 by the SEBI (Venture Capital Funds) (Amendment) Regulations,2 .....

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