Exemption from proviso compliance requires investor waiver in prescribed format under SEBI AIF regulatory framework. Exemption from applicability of clauses (i) and (ii) of the first proviso to Regulation 20(6) of the AIF Regulations is subject to specified conditions, including each investor furnishing a waiver to the AIF in the manner prescribed by SEBI; the circular provides the waiver format at Annexure I and issues the guidance under SEBI's investor-protection and regulatory powers.
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.
Exemption from proviso compliance requires investor waiver in prescribed format under SEBI AIF regulatory framework.
Exemption from applicability of clauses (i) and (ii) of the first proviso to Regulation 20(6) of the AIF Regulations is subject to specified conditions, including each investor furnishing a waiver to the AIF in the manner prescribed by SEBI; the circular provides the waiver format at Annexure I and issues the guidance under SEBI's investor-protection and regulatory powers.
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