FME contribution requirements set minimum corpus participation, continuing maintenance obligations, exemptions, and conditional relaxation of the general contribution ceiling. FME or its associate must contribute at least 2.5% of a Venture Capital scheme corpus or USD 750,000, whichever is lower, generally subject to a 10% ... Summary
FME contribution requirements set minimum corpus participation, continuing maintenance obligations, exemptions, and conditional relaxation of the general contribution ceiling.
FME or its associate must contribute at least 2.5% of a Venture Capital scheme corpus or USD 750,000, whichever is lower, generally subject to a 10% corpus ceiling. The contribution is exempt for relocated schemes and may be waived through investor approval, accredited-investor participation, or specified passive fund-of-funds arrangements. It must be made proportionately within 45 days and maintained continuously, subject to possible extension. Specified foreign-resident and Indian-resident-linked arrangements may exceed the general ceiling if their prescribed investment and contribution conditions are met.
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