SEBI Allows One-time Flexibility to AIF Schemes Whose Liquidation Period Expired to Deal With Unliquidated Investments
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Circular No. SEBI/HO/AFD/PoD-I/P/CIR/2024/026; Dated: 26.04.2024
Earlier, SEBI notified SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2024, to provide flexibility to AIFs and investors to deal with unliquidated investments of their schemes. SEBI has now allowed one-time flexibility to AIF schemes whose liquidation period has expired to deal with unliquidated investments. Thus, AIF schemes, whose liquidation period has expired or shall expire on or before July 24, 2024 shall be granted a fresh liquidation period till April 24, 2025.
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