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          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.

          <h1>Winding up provisions for alternative investment funds govern liquidation, investor notification, and in specie distributions.</h1> Winding up of an AIF depends on its legal form: trusts wind up on tenure expiry, trustees' opinion, seventy-five percent investor resolution, or Board direction; LLPs follow similar triggers under the LLP Act; companies and other corporates wind up under their governing statutes. Trustees, directors or designated partners must notify the Board and investors; no further investments may be made from the intimation date. Assets are to be liquidated within the liquidation period and proceeds distributed after liabilities, subject to in specie distribution options and Board-prescribed conditions.

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