Minimum tradable lot requirement governs listing eligibility for close ended alternative investment fund units after final close. Listing of units of close ended Alternative Investment Funds on a stock exchange is allowed only after the fund or scheme attains final close and subject to a mandated minimum tradable lot requirement, which governs the timing of listing and the marketable parcel of units.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum tradable lot requirement governs listing eligibility for close ended alternative investment fund units after final close.
Listing of units of close ended Alternative Investment Funds on a stock exchange is allowed only after the fund or scheme attains final close and subject to a mandated minimum tradable lot requirement, which governs the timing of listing and the marketable parcel of units.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.