https://www.taxtmi.com/acts?id=54912 Restricted schemes may be launched by a Registered FME through private placement after filing a placement memorandum and applicable fees. Under the green-channel process, subscriptions may open once the placement memorandum is taken on record, subject to incorporation of Authority comments. The memorandum is valid for 12 months, within which the FME must achieve the prescribed minimum corpus and declare first close. A one-time six-month extension is available on payment of half the fresh-filing fee. Material changes must be immediately reported. en-us Fri, 11 Sep 2026 16:10:38 +0530 Fri, 11 Sep 2026 16:10:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54912 Restricted schemes may be launched by a Registered FME through private placement after filing a placement memorandum and applicable fees. Under the green-channel process, subscriptions may open once the placement memorandum is taken on record, subject to incorporation of Authority comments. The memorandum is valid for 12 months, within which the FME must achieve the prescribed minimum corpus and declare first close. A one-time six-month extension is available on payment of half the fresh-filing fee. Material changes must be immediately reported. Act-Rules Indian Laws Fri, 11 Sep 2026 16:10:38 +0530 https://www.taxtmi.com/acts?id=54912