TMI BlogValidity period of approval granted by SEBI to Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) for overseas investmentX X X X Extracts X X X X X X X X Extracts X X X X ..... re Capital Funds) Regulations, 1996] Sir/ Madam, Sub: Validity period of approval granted by SEBI to Alternative Investment Funds (AIFs) and Venture Capital Funds (VCFs) for overseas investment 1. In terms of SEBI Circular No. SEBI/VCF/Cir no. 1/98645/2007 dated August 09, 2007 , and SEBI Master Circular No. SEBI/HO/AFD/PoD1/P/CIR/2023/130 dated July 31, 2023 , VCFs and AIFs, respecti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by SEBI subsequent to the issuance of this circular. 4. This circular is issued with the approval of the competent authority. 5. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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