Priority distribution model in AIFs barred from fresh commitments pending regulatory review, restricting new investments. Funds using a priority distribution model-where one investor class receives distribution priority causing another class to bear losses greater than pro rata to their holdings-are temporarily prohibited from accepting fresh commitments or investing in new investee companies pending regulatory review and consultation, under the regulator's Section 11(1) powers to protect investor interests.
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.
Priority distribution model in AIFs barred from fresh commitments pending regulatory review, restricting new investments.
Funds using a priority distribution model-where one investor class receives distribution priority causing another class to bear losses greater than pro rata to their holdings-are temporarily prohibited from accepting fresh commitments or investing in new investee companies pending regulatory review and consultation, under the regulator's Section 11(1) powers to protect investor interests.
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