Relaxation in compliance with requirements pertaining to AIFs and VCFs
Summary
SEBI extends the due date for regulatory filings by two months for Alternative Investment Funds and Venture Capital Funds. This extension applies to reporting periods ending March 31, 2020, and April 30, 2020, in response to the COVID-19 pandemic. The circular was issued under Section 11(1) of the SEBI Act, 1992, with immediate effect.
Text
extend the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020 by two months
issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 and shall come into force with immediate effect
Source: SecMarx — Relaxation in compliance with requirements pertaining to AIFs and VCFs. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.