https://www.taxtmi.com/acts?id=34363 The Board may, after considering an inspection report and after giving a reasonable opportunity of hearing to the Alternative Investment Fund or its trustees, directors or manager, issue directions in the interest of the securities market or investors. Such directions may include requiring the fund not to launch new schemes or raise money for a specified period; prohibiting disposal of properties acquired in violation; requiring disposal of assets in a specified manner; mandating refunds to investors with requisite interest; and prohibiting the person from operating in or accessing the capital market for a specified period. en-us Mon, 31 Dec 2018 17:16:00 +0530 Tue, 01 Jan 2019 11:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34363 The Board may, after considering an inspection report and after giving a reasonable opportunity of hearing to the Alternative Investment Fund or its trustees, directors or manager, issue directions in the interest of the securities market or investors. Such directions may include requiring the fund not to launch new schemes or raise money for a specified period; prohibiting disposal of properties acquired in violation; requiring disposal of assets in a specified manner; mandating refunds to investors with requisite interest; and prohibiting the person from operating in or accessing the capital market for a specified period. Act-Rules SEBI Mon, 31 Dec 2018 17:16:00 +0530 https://www.taxtmi.com/acts?id=34363