Prohibition on new schemes: migrated venture capital funds are barred from launching any new investment schemes under AIF rules. A migrated venture capital fund is expressly prohibited from launching any new scheme under the Alternative Investment Fund regulatory provision, creating a compliance obligation for such funds to refrain from initiating new schemes and to limit operations to existing or permitted legacy activities.
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 new schemes: migrated venture capital funds are barred from launching any new investment schemes under AIF rules.
A migrated venture capital fund is expressly prohibited from launching any new scheme under the Alternative Investment Fund regulatory provision, creating a compliance obligation for such funds to refrain from initiating new schemes and to limit operations to existing or permitted legacy activities.
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