TMI BlogAmendment of section 10.X X X X Extracts X X X X X X X X Extracts X X X X ..... company or business trust in respect of monies borrowed from a source outside India by way of issue of rupee denominated bond, as referred to in clause (ia) of sub-section (2) of section 194LC, during the period beginning from the 17th day of September, 2018 and ending on the 31st day of March, 2019; ; (II) after clause (4C) as so inserted, the following shall be inserted with effect from 1st day ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... manager shall have the meaning assigned to it in clause (q) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, made under the Securities and Exchange Board of India Act, 1992 (15 of 1992.); (c) specified fund means a fund established or incorporated in India in the form of a trust or a company or a limited liability ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... established under the Indian Trusts Act, 1882 (2 of 1882.) or under any other law for the time being in force; (f) unit means beneficial interest of an investor in the fund and shall include shares or partnership interest; (III) with effect from the 1st day of April, 2020, (a) in clause (12A), for the words forty per cent. , the words sixty per cent. shall be substituted; (b) in clause (15), after ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f such requirements under any other law for the time being in force by such fund or trust or institution or any university or other educational institution or any hospital or other medical institutions, as the case may be, as are material for the purpose of achieving its objects and the prescribed authority, shall be substituted; (b) in the fifteenth proviso, for the portion beginning with (ii) th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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