Sebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life under specific conditions. This move aims to address practical challenges during winding-up, enabling AIFs to manage pending liabilities and operational expenses more effectively.
Sebi has introduced a new framework for Alternative Investment Funds (AIFs), allowing them to retain liquidation proceeds even after their fund life ends. This aims to simplify the winding-up process by enabling AIFs to manage pending liabilities and operational expenses more…
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