Relaxation in compliance with requirements pertaining to AIFs and VCFs
Summary
SEBI extends the deadline for regulatory filings by Alternative Investment Funds and Venture Capital Funds to September 30, 2021. This relaxation applies to filings due between March 2021 and July 2021, addressing compliance issues arising from the COVID-19 pandemic. The circular is issued under Section 11(1) of the SEBI Act, 1992, to protect investor interests and regulate the securities market.
Text
AIFs and VCFs may submit regulatory filings for the aforesaid periods, as applicable, on or before September 30, 2021.
This Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992... This Circular 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.