Regulation 13 - Prohibition on listing. - SECURITIES AND EXCHANGE BOARD OF INDIA (VENTURE CAPITAL FUNDS) REGULATIONS, 1996

Prohibition on listing. 13. 1 [No venture capital fund shall be entitled to get its units listed on any recognised stock exchange till the expiry of three years from the date of the issuance of units by the venture capital fund.] ----------------- Notes:- 1. Substituted by the SEBI (Venture Capital Funds) (Second Amendment) Regulations, 2000, w.e.f. 30-12-2000. Prior to its substitution, regulation 13 read as under: No venture capital fund shall be entitled to get its securities or units, as the case may be, listed on any recognized stock exchange till the expiry of three years from the date of the issuance of securities or units, as the case may be, by the venture capital fund.