Angel fund scheme prohibition bars launching schemes to solicit funds or to make investments under alternative investment rules. An angel fund is prohibited from launching any schemes to solicit funds from angel investors or to make investments under Regulation 19E; prior regime elements concerning scheme filings, material disclosures and an investor cap were superseded by subsequent amendments, and company law may apply where an angel fund is formed as a company.
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.
Angel fund scheme prohibition bars launching schemes to solicit funds or to make investments under alternative investment rules.
An angel fund is prohibited from launching any schemes to solicit funds from angel investors or to make investments under Regulation 19E; prior regime elements concerning scheme filings, material disclosures and an investor cap were superseded by subsequent amendments, and company law may apply where an angel fund is formed as a company.
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