Infrastructure debt fund regulations allow private placements with placement memorandum filing and investment and approval safeguards. Amendments permit infrastructure debt fund schemes to raise funds by private placement subject to trustee and board approval, filing of a placement memorandum and payment of a filing fee; they fix offering and transaction period limits, allow tenure extension with two thirds unitholder approval, expand eligible investor categories, require reinvestment of principal receipts into prescribed instruments or specified bonds, and set portfolio concentration and sponsor participation conditions with disclosure and approval safeguards.
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.
Infrastructure debt fund regulations allow private placements with placement memorandum filing and investment and approval safeguards.
Amendments permit infrastructure debt fund schemes to raise funds by private placement subject to trustee and board approval, filing of a placement memorandum and payment of a filing fee; they fix offering and transaction period limits, allow tenure extension with two thirds unitholder approval, expand eligible investor categories, require reinvestment of principal receipts into prescribed instruments or specified bonds, and set portfolio concentration and sponsor participation conditions with disclosure and approval safeguards.
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