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<h1>SEBI Regulation 29A: Liquidation Schemes by AIFs Allowed; No New Launches Post-2024, Existing Ones Continue</h1> Regulation 29A of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, allows an Alternative Investment Fund (AIF) to launch a liquidation scheme by filing a placement memorandum with SEBI. Certain regulatory requirements are exempt for such schemes. The scheme's tenure is set at filing and cannot be extended. It prohibits accepting new commitments or making new investments. Unsold investments due to liquidity issues at the tenure's end are addressed as per SEBI's guidelines. Post-2024 amendments, no new liquidation schemes can be launched, but existing ones remain governed by the current regulations.