VENTURE CAPITAL FINANCING
Suspension of Registration The registration of a FVCI can be suspended by SEBI If it (1) Contravenes any of the provisions of the SEBI Act or SEBI FVCI Regulations, (2) fails to furnish any information relating to its activities as required by SEBI, (3) furnish to it...
VENTURE CAPITAL FINANCING
Inspection and Investigation The SEBI has the right to suo moto, or upon receipt of information complaint, order an introspection in respect of conduct and affairs of any FVCI by an officer to (i) ensure that the books accounts documents are being maintained in the...
VENTURE CAPITAL FINANCING
General Obligations and Responsibilities The FVCIs have to maintain for a period of eight years, books of accounts records documents which would give a true and fair picture of their affairs and intimate to SEBI the place where they are being maintained. They may be...
VENTURE CAPITAL FINANCING
Registration A FVCI should be registered with SEBI to carry on business in India. To seek registration with SEBI. an applicant should apply in the prescribed form along with an application fee of US $1.000. The eligibility criteria for registration of an applicant...
VENTURE CAPITAL FINANCING
SEBI Foreign Venture Capital Investors (FVCIs) Regulations, 2000 A foreign venture capital investor (FVCI) is an investor incorporated and established outside India which proposes to make investment in venture capital funds (VCFs) life capital undertakings (VCUs) in...
VENTURE CAPITAL FINANCING
Suspension of Registration The certificate of registration granted to a VCF can be suspended by SEBI, in addition to issuing of directions measures specified above, in the following circumstances: (a) Contravention of any of the provisions of the SEBI Act or these...
