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Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020 - SEBI/LAD-NRO/GN/2020/37 - SEBI

Extract

..... oard hereby makes the following regulations to further amend the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 namely:- 1. These regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012- I. Sub-clau .....

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Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020 - SEBI/LAD-NRO/GN/2020/37 - SEBI

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..... onnel.” II. After sub-regulation (5) of regulation 20, the following shall be inserted, namely, - “(6) The Manager shall be responsible for investment decisions of the Alternative Investment Fund: Provided that the Manager may constitute an Investment Committee (by whatever name it may be called), to approve investment decisions of the Alternative Investment Fund, subject to the following: (i) The members of Investment Committee shall be equally responsible as the Manager for investm .....

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Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020 - SEBI/LAD-NRO/GN/2020/37 - SEBI

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..... e published in the Gazette of India on May 21, 2012 vide No. SEBI/LAD-NRO/GN/2012-13/04/11262. 2. The Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 were subsequently amended on, - (1) 16th September, 2013 by Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2013 vide No. LAD-NRO/GN/2013-14/24/6573. (2) 23rd May, 2014 by Securities and Exchange Board of India (Payment of Fees) (Amendment) Regulations, 2014 vide .....

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Securities and Exchange Board of India (Alternative Investment Funds) (Amendment) Regulations, 2020 - SEBI/LAD-NRO/GN/2020/37 - SEBI

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