SEBI Sets New Filing Requirements for AIF Schemes Availing Dissolution Period and Additional Liquidation Period
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- Last Updated on 11 July, 2024
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Circular No. SEBI/HO/AFD-1-PoD/P/CIR/2024/100, Dated: 09.07.2024
SEBI has outlined the filing requirements for alternative investment funds (AIFs) schemes that opt for a dissolution period to deal with their unliquidated investments. AIF schemes entering into the dissolution period must file an information memorandum (IM) through a merchant banker before the expiry of the liquidation period or additional liquidation period of the scheme. The IM and due diligence certificate format is attached as an annexure to the circular. The circular shall be effective immediately.
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