#1
1st March 2016, 09:00 AM
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Securities And Exchange Board Of India Venture Capital Funds Regulations
hii sir, I wants to get the Venture Capital Funds Regulations of the Security and Exchange board of India ?
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#2
1st March 2016, 09:57 AM
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Re: Securities And Exchange Board Of India Venture Capital Funds Regulations
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992. The Venture Capital Funds Regulations are as follow: Definition : n these regulations, unless the context otherwise requires,— (a) “Act” means the Securities and Exchange Board of India Act, 1992 (15 of 1992); 1(aa)“associate company”, means a company in which a director or trustee or sponsor or settlor of the venture capital fund or asset management company holds either individually or collectively, equity shares in excess (b) “certificate” means a certificate of registration granted by the Board under regulation 7; (c) “company” means a company incorporated under the Companies Act, 1956 (1 of 1956); (d) “economic offence” means an offence to which the Economic Offences (Limitation of Prosecutions) Act, 1974 (12 of 1974), applies for the time being; REGISTRATION OF VENTURE CAPITAL FUNDS Application for Grant of Certificate. 3. (1) Any company or trust 1 [or a body corporate] proposing to carry on any activity as a venture capital fund on or after the commencement of these regulations shall make an application to the Board for grant of a certificate. (2) Any company or trust 2 [or a body corporate], who on the date of commencement of these regulations is carrying any activity as a venture capital fund without a certificate shall make an application to the Board for grant of a certificate within a period ofthree months from the date of such commencement: Provided that the Board, in special cases,may extend the said period upto a maximum of six months from the date of such commencement. rest of the Venture Capital Funds Regulations you may find from the file given below : Venture Capital Funds Regulations Securities And Exchange Board Of India |