Eligibility Criteria.

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....icant satisfies all of the following conditions, namely: - (a) the applicant is an entity incorporated or established outside India or in International Financial Services Centre; (b) The applicant is a resident of the country whose securities market regulator is a signatory to the International Organization of Securities Commission's Multilateral Memorandum of Understanding (Appe....

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....try is not a member of Bank for International Settlements; (d) The applicant or its beneficial owners identified in accordance with Rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, shall not be the person(s) mentioned in the Sanctions List notified from time to time by the United Nations Security Council and is not a resident in the country identified in ....

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....estors) (Amendment) Regulations, 2001, w.e.f. 7-6-2001. 2 Word "or" omitted, ibid. 3 Substituted for "venture capital fund", ibid. 4 Inserted by the SEBI(Alternative Investment Funds) Regulations, 2012 w.e.f. May 21, 2013. 5 Word "or" omitted, ibid. 6. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/203 dated 04-09-2024 w.e.f. 01-01-2025 before it was read a....

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....ger or investment management company or any other investment vehicle incorporated outside India; ^2[* * *] (e) whether the applicant is authorised to invest in venture capital fund or carry on activity as a ^3[foreign venture capital investors]; ^4[or Alternative Investment Fund] ^5[* * *] (f) whether the applicant is regulated by an appropriate foreign regulatory authority or is an income t....