https://www.taxtmi.com/acts?id=36208 Regulation 12 requires disclosure of a venture capital fund's investment strategy and life-cycle, prohibits investments in associated companies, and limits exposure to any single investee. A majority of investible funds must be placed in unlisted equity or equity-linked instruments, while a capped portion may be allocated to specified secondary categories-including IPO subscriptions of investees, debt of investees where equity investment exists, preferential allotments, investments in listed financially weak or sick companies, and investments via special purpose vehicles-with the prescribed allocation to be achieved by the fund's life end. en-us Tue, 05 Mar 2019 18:35:25 +0530 Tue, 05 Mar 2019 18:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36208 Regulation 12 requires disclosure of a venture capital fund's investment strategy and life-cycle, prohibits investments in associated companies, and limits exposure to any single investee. A majority of investible funds must be placed in unlisted equity or equity-linked instruments, while a capped portion may be allocated to specified secondary categories-including IPO subscriptions of investees, debt of investees where equity investment exists, preferential allotments, investments in listed financially weak or sick companies, and investments via special purpose vehicles-with the prescribed allocation to be achieved by the fund's life end. Act-Rules SEBI Tue, 05 Mar 2019 18:35:25 +0530 https://www.taxtmi.com/acts?id=36208