Effect of winding-up.
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....led)<br>Effect of winding-up. 24. (1) On and from the date of intimation under sub-regulation (3) of regulation 23, no further investments shall be made on behalf of the scheme so wound up. (2) ....
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....ion agreement or subscription agreement, as the case may be, in-specie distribution of assets of the scheme, shall be made by the venture capital fund at any time, including on winding up of the schem....


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