Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 Chapter IV GENERAL OBLIGATIONS AND RESPONSIBILITIES AND TRANSPERANCY
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Record retention obligations require managers and sponsors to preserve fund records for a specified period after winding up. Maintenance of records requires the Manager or Sponsor of an alternative investment fund to keep documentation of the fund's assets, valuation policies and practices, investment strategies, particulars of investors and their contributions, and the rationale for investments, with a retention period tied to the fund's winding up.
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.
Record retention obligations require managers and sponsors to preserve fund records for a specified period after winding up.
Maintenance of records requires the Manager or Sponsor of an alternative investment fund to keep documentation of the fund's assets, valuation policies and practices, investment strategies, particulars of investors and their contributions, and the rationale for investments, with a retention period tied to the fund's winding up.
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