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    <title>Clarification and extension of deadline with respect to circular on &#039;Guidelines on disclosures, reporting and clarifications under AIF Regulations&#039;</title>
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    <description>SEBI extends the deadline to August 31, 2014 for sending the annexure to the placement memorandum. Disciplinary-history disclosure is confined to the last five years and to instances involving monetary penalties above the specified threshold; disputed tax liabilities in an individual&#039;s personal capacity are excluded and contingent liabilities are those shown in the entity&#039;s books. Modifications to fund terms must be reported to investors and SEBI semi annually on a consolidated basis. Material changes affect fundamental fund attributes, and exit-process rules do not apply where seventy five percent of unit holders by value approve. Joint investors are defined by mutual contribution; investee companies must hold or propose at least one project.</description>
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    <pubDate>Fri, 18 Jul 2014 00:00:00 +0530</pubDate>
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      <title>Clarification and extension of deadline with respect to circular on &#039;Guidelines on disclosures, reporting and clarifications under AIF Regulations&#039;</title>
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      <description>SEBI extends the deadline to August 31, 2014 for sending the annexure to the placement memorandum. Disciplinary-history disclosure is confined to the last five years and to instances involving monetary penalties above the specified threshold; disputed tax liabilities in an individual&#039;s personal capacity are excluded and contingent liabilities are those shown in the entity&#039;s books. Modifications to fund terms must be reported to investors and SEBI semi annually on a consolidated basis. Material changes affect fundamental fund attributes, and exit-process rules do not apply where seventy five percent of unit holders by value approve. Joint investors are defined by mutual contribution; investee companies must hold or propose at least one project.</description>
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      <pubDate>Fri, 18 Jul 2014 00:00:00 +0530</pubDate>
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