Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI allows extending venture capital fund tenure by two years with two-thirds unit holder approval under Regulation 29.</h1> The tenure of a migrated venture capital fund is determined by the Securities and Exchange Board of India (SEBI) and can be extended by up to two years with the approval of two-thirds of the unit holders by investment value. Without this consent or after the extended tenure, the fund must be wound up according to Regulation 29, excluding sub-regulation 9A. If a fund's assets are not liquidated post-tenure as per previous regulations before applying for registration under the current chapter, an additional liquidation period may be granted under specific conditions. This is without affecting any regulatory actions or directions.