https://www.taxtmi.com/acts?id=34329 After considering an application for a certificate under the Alternative Investment Funds Regulations the Board may reject the application after giving the applicant a reasonable opportunity of being heard; the Board's decision of rejection must be communicated to the applicant within the period specified by the regulations. Where an application is rejected the applicant shall cease to carry on any activity as an Alternative Investment Fund, without affecting the applicant's liability towards existing investors under law or agreement. en-us Mon, 31 Dec 2018 15:54:02 +0530 Thu, 29 Aug 2024 11:56:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34329 After considering an application for a certificate under the Alternative Investment Funds Regulations the Board may reject the application after giving the applicant a reasonable opportunity of being heard; the Board's decision of rejection must be communicated to the applicant within the period specified by the regulations. Where an application is rejected the applicant shall cease to carry on any activity as an Alternative Investment Fund, without affecting the applicant's liability towards existing investors under law or agreement. Act-Rules SEBI Mon, 31 Dec 2018 15:54:02 +0530 https://www.taxtmi.com/acts?id=34329