Infrastructure debt fund scheme conditions require defined tenure, investor thresholds, strategic commitments and disciplined partly paid unit rules. Regulation 49O prescribes conditions for infrastructure debt fund scheme launches: schemes must be close ended with extended maturity or interval with a specified transaction window; units must be fully paid before listing; mutual funds may disclose indicative portfolios. The rule fixes investor composition and minimum subscription and unit sizes, mandates firm strategic investor commitment before marketing, caps single investor concentration, and permits partly paid units subject to call mechanisms, offer document disclosure of interest or penalty for non payment, and retention of such sums within the scheme.
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.
Infrastructure debt fund scheme conditions require defined tenure, investor thresholds, strategic commitments and disciplined partly paid unit rules.
Regulation 49O prescribes conditions for infrastructure debt fund scheme launches: schemes must be close ended with extended maturity or interval with a specified transaction window; units must be fully paid before listing; mutual funds may disclose indicative portfolios. The rule fixes investor composition and minimum subscription and unit sizes, mandates firm strategic investor commitment before marketing, caps single investor concentration, and permits partly paid units subject to call mechanisms, offer document disclosure of interest or penalty for non payment, and retention of such sums within the scheme.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
