Communication of findings etc., to the venture capital fund.

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..... to the venture capital fund or its trustees, directors issue such direction as it deems fit in the interest of securities market or the investors including directions in the nature of:- (a) requiring a venture capital fund not to launch new schemes or raise money from investors for a particular period; (b) prohibiting the person concerned from disposing of any of the properties of the fund or s .....

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..... 002, w.e.f. 27-09-2002. Prior to its omission, Regulation 29 read as under: "29. Communication of findings etc., to the venture capital fund.─(1) The Board shall, after consideration of the inspection or investigation report or the interim report referred to in regulation 28, communicate the findings of the inspection officer to the venture capital fund and give him an opportunity of being .....

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