https://www.taxtmi.com/acts?id=34333 Alternative Investment Funds may launch schemes by filing a placement memorandum with prescribed fees. The memorandum must be filed through a merchant banker at least ten working days before launch, with Board-specified documents. Board comments must be complied with by the merchant banker or Manager, although these requirements do not apply to an Accredited Investors only fund. The first close must be declared as specified; failure requires a fresh scheme-launch application and payment of the requisite scheme fee. en-us Mon, 31 Dec 2018 16:10:29 +0530 Wed, 15 Jul 2026 10:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34333 Alternative Investment Funds may launch schemes by filing a placement memorandum with prescribed fees. The memorandum must be filed through a merchant banker at least ten working days before launch, with Board-specified documents. Board comments must be complied with by the merchant banker or Manager, although these requirements do not apply to an Accredited Investors only fund. The first close must be declared as specified; failure requires a fresh scheme-launch application and payment of the requisite scheme fee. Act-Rules SEBI Mon, 31 Dec 2018 16:10:29 +0530 https://www.taxtmi.com/acts?id=34333