tag:blogger.com,1999:blog-3202774368551476669.post6291378780082698991..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: SEBI Notifies Regulations on Alternative Investment FundsUmakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3202774368551476669.post-70040208545672990632012-06-01T01:02:44.616+05:302012-06-01T01:02:44.616+05:30Get more details on AIF on www.thehotchpotchofindi...Get more details on AIF on www.thehotchpotchofindianlaws.co.ccAnonymoushttps://www.blogger.com/profile/10416471219481765249noreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-62271734672039861872012-05-26T17:43:35.196+05:302012-05-26T17:43:35.196+05:30Thanks for the post. Can one register a new fund u...Thanks for the post. Can one register a new fund under Category II and invest the pool of money into varied asset classes including real estate etc. If so, what would be the rules and regulations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-37429792658658849442012-05-22T14:46:14.145+05:302012-05-22T14:46:14.145+05:30As regards question 1 --
Existing funds which ar...As regards question 1 -- <br /><br />Existing funds which are not able to comply with conditions specified under the Regulations, can make an application to SEBI seeking relaxation of the Regulations and SEBI can grant exemptions or issue instructions as may be deemed appropriate in this regard.<br /><br />As regards question 2 --<br /><br />It is possible to have one investor. There is no prohibition. There is a restriction on maximum number of investors, but no requirement as regards minimum investors. Having one investor, will be "unusual" and one can expect queries from SEBI in this regard. This could delay the registration process.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-75400512588790226172012-05-22T11:19:17.759+05:302012-05-22T11:19:17.759+05:30Dear Umakanth, Though the definition suggests that...Dear Umakanth, Though the definition suggests that the pooling of funds would be from the investors, is it possible to have an AIF registered with only one investor so long as the minimum corpus amount of AIF is maintained? Regards. Raju.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-17194377564637425042012-05-22T10:03:07.684+05:302012-05-22T10:03:07.684+05:30Thanks for this post and the link. Does this mean...Thanks for this post and the link. Does this mean the eligibility criteria for the registration is Rs. 20 crores? what happens if the corpus is lesser, no registration required? (like the erstwhile Rs. 5 crore threshold)Anonymousnoreply@blogger.com