Investment classification: Category I and II AIF investments on institutional trading platforms treated as unlisted securities under amended AIF regulations. The amendment provides that investments by Category I and Category II Alternative Investment Funds in shares of entities listed on an institutional trading platform after the commencement of the specified ICDR amendment shall be deemed to be investments in 'unlisted securities' for purposes of the AIF regulations. The regulation takes effect on publication in the Official Gazette.
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.
Investment classification: Category I and II AIF investments on institutional trading platforms treated as unlisted securities under amended AIF regulations.
The amendment provides that investments by Category I and Category II Alternative Investment Funds in shares of entities listed on an institutional trading platform after the commencement of the specified ICDR amendment shall be deemed to be investments in 'unlisted securities' for purposes of the AIF regulations. The regulation takes effect on publication in the Official Gazette.
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 
