Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
SEBI - Highlights / Catch Notes

Home Highlights July 2024 Year 2024 This

SEBI amended Alternative Investment Funds (AIF) Regulations to ...


SEBI amends AIF Regulations, adds new chapter for migrated venture capital funds with eligibility criteria, investment norms & restrictions.

Notifications     SEBI

July 22, 2024

SEBI amended Alternative Investment Funds (AIF) Regulations to introduce a new Chapter III-D for "migrated venture capital funds" - funds previously registered as venture capital funds under 1996 regulations. Key provisions include eligibility criteria, investment conditions, tenure, private placement requirements, restrictions on public offerings and listing for 3 years. Existing venture capital funds must migrate within 12 months or face enhanced regulatory reporting. Other changes relate to definitions, applicability, registration process, and fee structure.

View Source

 


 

You may also like:

  1. The circular provides modalities for migration of Venture Capital Funds (VCFs) registered under erstwhile SEBI (Venture Capital Funds) Regulations, 1996 to SEBI...

  2. Exemption u/s 10(23FB) -Venture Capital Fund [VCF] - investments in Convertible Debenture application money - violation of SEBI (Venture Capital Fund) Regulations -...

  3. Investment in Indian Venture Capital Undertakings and /or domestic Venture Capital Funds by SEBI registered Foreign Venture Capital Investors . - Cir. No. 93 Dated: March 19, 2012

  4. This circular modifies the framework for valuation of investment portfolios of Alternative Investment Funds (AIFs). Key changes include: Valuation of securities covered...

  5. This circular from SEBI provides revised guidelines for quarterly reporting requirements for Foreign Venture Capital Investors (FVCIs). Key points are: FVCIs must submit...

  6. SEBI amended Alternative Investment Funds (AIF) Regulations: Category I and II AIFs can't leverage for investments except temporary borrowing up to 30 days, 4 times...

  7. The proposed amendments aim to further incentivize operations from International Financial Services Centres (IFSCs) by expanding the scope of specified funds eligible...

  8. The circular mandates that the key investment team of an Alternative Investment Fund (AIF) manager must have at least one key personnel with a specified certification....

  9. APPLICATION FOR CANCELLATION OF REGISTRATION OF MIGRATED TAXPAYERS - Form GST REG-29 as amended.

  10. SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges...

  11. Addition on account of excess share premium received by the assessee - exception to clause (viib) of sub-section (2) of section 56 - the assessee company does not fall...

  12. The circular mandates Alternative Investment Funds (AIFs) to conduct an annual audit of compliance with the Private Placement Memorandum (PPM) as per SEBI (AIF)...

  13. Filing of Advertisements under SEBI (Mutual Funds) Regulations, 1996

  14. Exemption u/s 10(23FB) - AO is duty bound to enquire whether the assessee trust is registered under the Registration Act, 1908 and has been granted certificate of...

  15. The definition of "Specified Mutual Fund" u/s 50AA is proposed to be amended to provide clarity regarding the proportion of investment in debt and money market...

 

Quick Updates:Latest Updates