TaxTMI 
TaxTMI 
Definitions
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....may influence investment decisions of any investor/prospective investors; (d) "associate" means- (i) a company or a limited liability partnership (LLP) or a body corporate in which a director or trustee or partner of the FME or the FME or any fiduciaries as defined in regulation 17 of these regulations, either individually or collectively, hold twenty per cent. (20%) or more of its paid-up equity share capital or partnership interest, as the case may be; (ii) a company or a limited liability partnership or a body corporate, either individually or collectively, hold twenty per cent. (20%) or more of its paid-up equity share capital or partnership interest, as the case may be in the FME; (iii) Any other com....
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....understanding the financial statements and the requirements for legal and regulatory compliance under these regulations, and who shall be responsible for compliance of policies, procedures, maintenance of records, monitoring adherence to the rules for the preservation of unpublished price sensitive information, monitoring of trades, risk management, and the implementation of the codes specified in these regulations, under the overall supervision of the board of directors of the FME or the head of an organization, as the case may be. (j) "corpus" means the total amount of funds committed by investors to the fund management entity under a scheme by way of a written contract or any such document as on a particular date; (k) "....
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....nage investments by whatever name called; (p) "fund of funds scheme" means a scheme that invests in other schemes whether in IFSC or India or foreign jurisdictions, except to the extent of funds required for meeting expenses, hedging or liquidity requirements for the purpose of repurchases, redemptions and distribution, as disclosed in the placement memorandum or offer document of the scheme; (q) "IFSCA" or "Authority" means the International Financial Services Centres Authority established under sub-section (1) of Section 4 of the Act; (r) "International Financial Services Centre (IFSC)" shall have the same meaning as assigned to it under clause (g) of sub-section (1) of Section 3 of the Act; (s) "inspec....
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....ans any document by which a Registered FME (Retail) invites public for subscription in a retail scheme, exchange traded fund, or public offer by an Investment Trust; (y) "open ended scheme" means a scheme which is not a close ended scheme; (z) "placement memorandum" means any document by which a FME invites accredited investors or investors investing above a specified threshold to invest in a Venture Capital scheme or a restricted scheme or a private placement by an Investment Trust; (aa) "portfolio" means the total holdings of securities and financial assets belonging to any person; (bb) "principal officer" means an employee designated as such by the FME under sub-regulation (1) of regulation 7; ....