Prohibition on public solicitation bars migrated venture capital funds from issuing public offers or advertisements for unit subscriptions. A prohibition bars migrated venture capital funds from issuing any document or advertisement inviting offers from the public for subscription or purchase of their units under Regulation 19Z of the Alternative Investment Funds regime; the rule restricts marketing and distribution to non-public channels and was inserted by the noted 2024 notification.
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.
Prohibition on public solicitation bars migrated venture capital funds from issuing public offers or advertisements for unit subscriptions.
A prohibition bars migrated venture capital funds from issuing any document or advertisement inviting offers from the public for subscription or purchase of their units under Regulation 19Z of the Alternative Investment Funds regime; the rule restricts marketing and distribution to non-public channels and was inserted by the noted 2024 notification.
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