https://www.taxtmi.com/notifications?id=127765 The amendment creates angel funds as a sub category of Category I AIFs, prescribes definitions for angel investors and companies with family connection, and provides registration pathways including conversion of unused AIFs and an in principle approval process. Angel funds must raise by issuing units to qualified angel investors, meet minimum investible fund thresholds, accept investor subscriptions within prescribed minimums and timeframes, file scheme memoranda pre launch, cap scheme investor numbers, and comply with investee eligibility, investment size, concentration, lock in and governance obligations; units may not be listed. en-us Mon, 16 Sep 2013 00:00:00 +0530 Sat, 05 Jan 2019 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127765 The amendment creates angel funds as a sub category of Category I AIFs, prescribes definitions for angel investors and companies with family connection, and provides registration pathways including conversion of unused AIFs and an in principle approval process. Angel funds must raise by issuing units to qualified angel investors, meet minimum investible fund thresholds, accept investor subscriptions within prescribed minimums and timeframes, file scheme memoranda pre launch, cap scheme investor numbers, and comply with investee eligibility, investment size, concentration, lock in and governance obligations; units may not be listed. Notifications SEBI Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127765