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Alerts & Updates 23rd Oct 2020

SEBI puts new AIFs and scheme launch on hold where ICs may have not resident Indian citizens | SCORES – only promoter shares to be frozen | Recovery Expense Fund to be created

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Processing of applications for registration of Alternative Investment Fund (AIF) and launching of new schemes, where investment committee of an AIF consists of external members who may be resident Indian citizens or not resident Indian citizens.

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