https://www.taxtmi.com/acts?id=54936 Special situation funds may be launched by a Registered FME through a private placement memorandum filed with applicable fees. Restricted schemes follow a green-channel process and may open for subscriptions once the placement memorandum is taken on record. The memorandum is valid for twelve 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 the prescribed reduced fee. Material changes must be immediately informed to the Authority. en-us Fri, 11 Sep 2026 16:29:25 +0530 Fri, 11 Sep 2026 16:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54936 Special situation funds may be launched by a Registered FME through a private placement memorandum filed with applicable fees. Restricted schemes follow a green-channel process and may open for subscriptions once the placement memorandum is taken on record. The memorandum is valid for twelve 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 the prescribed reduced fee. Material changes must be immediately informed to the Authority. Act-Rules Indian Laws Fri, 11 Sep 2026 16:29:25 +0530 https://www.taxtmi.com/acts?id=54936