<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Issuance of units of AIFs in dematerialised form</title>
    <link>https://www.taxtmi.com/circulars?id=66469</link>
    <description>Dematerialisation of AIF units is mandated with phased timelines for conversion and for issuance only in dematerialised form; schemes maturing on or before the specified cutoff are exempt. Transfers of dematerialised units continue to be governed by the PPM and investor agreements, and any transfer requiring AIF/manager approval must be processed in the depository system only after such approval. Depositories must amend rules and implement transfer controls; managers must report compliance via the intermediary portal and trustees/sponsors must ensure the Compliance Test Report reflects these requirements.</description>
    <language>en-us</language>
    <pubDate>Wed, 21 Jun 2023 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 22 Jun 2023 10:33:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=717341" rel="self" type="application/rss+xml"/>
    <item>
      <title>Issuance of units of AIFs in dematerialised form</title>
      <link>https://www.taxtmi.com/circulars?id=66469</link>
      <description>Dematerialisation of AIF units is mandated with phased timelines for conversion and for issuance only in dematerialised form; schemes maturing on or before the specified cutoff are exempt. Transfers of dematerialised units continue to be governed by the PPM and investor agreements, and any transfer requiring AIF/manager approval must be processed in the depository system only after such approval. Depositories must amend rules and implement transfer controls; managers must report compliance via the intermediary portal and trustees/sponsors must ensure the Compliance Test Report reflects these requirements.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Wed, 21 Jun 2023 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=66469</guid>
    </item>
  </channel>
</rss>