Minimum investment and exempt income computation rules set out for eligible funds, companies and financial entities under Schedule V. Prescribes the method for computing the minimum investment percentages and exempt income relevant to Schedule V [Table: Sl. No. 7] of the Act. The rule sets out separate formulae for eligible Alternative Investment Funds, eligible domestic companies and eligible Non-Banking Financial Companies, by reference to balance-sheet figures, qualifying investments or lending, and the proportion of assets linked to eligible infrastructure entities, eligible domestic companies, eligible NBFCs or eligible InvITs. It also requires Form No. 177 to be furnished electronically by eligible entities receiving funds from a specified person, and defines the key expressions used in the rule.
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.
Minimum investment and exempt income computation rules set out for eligible funds, companies and financial entities under Schedule V.
Prescribes the method for computing the minimum investment percentages and exempt income relevant to Schedule V [Table: Sl. No. 7] of the Act. The rule sets out separate formulae for eligible Alternative Investment Funds, eligible domestic companies and eligible Non-Banking Financial Companies, by reference to balance-sheet figures, qualifying investments or lending, and the proportion of assets linked to eligible infrastructure entities, eligible domestic companies, eligible NBFCs or eligible InvITs. It also requires Form No. 177 to be furnished electronically by eligible entities receiving funds from a specified person, and defines the key expressions used in the rule.
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