Application completeness rule allows a cure period and board-granted extension for venture capital fund registration applications. Regulation 6 provides that an application for SEBI registration of venture capital funds which is not complete in all respects shall be rejected, but the applicant must first be given an opportunity to remove the objections within a thirty-day cure period from the date of communication; the Board may, if satisfied that extension is necessary, extend that period by further time not exceeding ninety days.