Definitions of venture capital fund clarify core terms, permitted investible instruments, and prohibited sectors under the regulatory framework. Regulation 2 defines core terms for venture capital regulation: a venture capital fund is a trust or company with a dedicated capital pool raised and invested per the regulations; a venture capital undertaking is an unlisted domestic company engaged in permitted business excluding sectors on a specified negative list. The provision also defines trusts, units, associate company (by equity holding), foreign company, certificate of registration, forms and schedules, equity linked instruments, investible funds, and the inspecting or investigating officer, thereby fixing eligibility, instruments and administrative roles.
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.
Definitions of venture capital fund clarify core terms, permitted investible instruments, and prohibited sectors under the regulatory framework.
Regulation 2 defines core terms for venture capital regulation: a venture capital fund is a trust or company with a dedicated capital pool raised and invested per the regulations; a venture capital undertaking is an unlisted domestic company engaged in permitted business excluding sectors on a specified negative list. The provision also defines trusts, units, associate company (by equity holding), foreign company, certificate of registration, forms and schedules, equity linked instruments, investible funds, and the inspecting or investigating officer, thereby fixing eligibility, instruments and administrative roles.
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 
