Regulatory liability for alternative investment funds: enforcement under intermediaries regulations while preserving other statutory powers. Liability for default by an Alternative Investment Fund includes contraventions of the Act or these Regulations, failure to provide required information, furnishing materially false or misleading information, non-submission of periodic returns, non-cooperation in enquiries or inspections, and failure to resolve investor complaints; such defaults shall be dealt with under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, without prejudice to the Board's power to issue directions or take measures under other statutory provisions.
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.
Regulatory liability for alternative investment funds: enforcement under intermediaries regulations while preserving other statutory powers.
Liability for default by an Alternative Investment Fund includes contraventions of the Act or these Regulations, failure to provide required information, furnishing materially false or misleading information, non-submission of periodic returns, non-cooperation in enquiries or inspections, and failure to resolve investor complaints; such defaults shall be dealt with under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, without prejudice to the Board's power to issue directions or take measures under other statutory provisions.
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