Investor Charter requirement mandates AIFs to disclose grievance data and maintain quarterly complaint records for investor transparency. AIFs must publish an Investor Charter (Annexure X) in the PPM for new schemes or send it by registered e mail for existing schemes, and disclose investor complaint data in the Annexure Y format-added as a PPM chapter for new schemes or by updating the PPM annually for existing schemes. AIFs shall maintain complaint records compiled within seven days from each quarter end and disclose quarterly and three year complaint statistics, including pending counts, average resolution time and complaints older than three months.
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.
Investor Charter requirement mandates AIFs to disclose grievance data and maintain quarterly complaint records for investor transparency.
AIFs must publish an Investor Charter (Annexure X) in the PPM for new schemes or send it by registered e mail for existing schemes, and disclose investor complaint data in the Annexure Y format-added as a PPM chapter for new schemes or by updating the PPM annually for existing schemes. AIFs shall maintain complaint records compiled within seven days from each quarter end and disclose quarterly and three year complaint statistics, including pending counts, average resolution time and complaints older than three months.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
