Definitions.
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....ompanies Act, 1956 (1 of 1956); (d) "economic offence" means an offence to which the Economic Offences (Limitation of Prosecutions) Act, 1974 (12 of 1974), applies for the time being; (e) 2[* * *] 3[(ee)"equity linked instruments" includes instruments convertible into equity shares or share warrants, preference shares, debentures compulsorily 4[or optionally] convertible into equity;] (f) "Form" means any of the forms set out in the First Schedule; (g) 5[* * *] (h) 6["inspecting or investigating officer" means an inspecting or investigation officer appointed by the Board under regulation 25;] 7[(hh)"investible funds" means corpus of the fund net of expenditure for administration and management of the fund;] (i) "Schedule" means a Sc....
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....e SEBI (Venture Capital Funds) (Amendment) Regulations, 2000, w.e.f. 15-09-2000, read as under: "(aa) 'associate' in relation to venture capital fund means a person,- (i) who, directly or indirectly, by himself, or in combination with relatives, exercises control over the venture capital fund; or (ii) in respect of whom the venture capital fund, directly or indirectly, by itself, or in combination with other persons, exercises control; or (iii) whose director, is also a director, of the venture capital fund." 2. Omitted by SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, w.e.f. 27-09-2002. Prior to its omission, clause (e) read as under: '(e) "enquiry officer" means an enquiry officer ....
TaxTMI
TaxTMI