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PRIMARYSEBI Press Releases·neutral
Guidelines for winding up of AIFs with respect to retention of proceeds and ‘Inoperative Fund’ status
AI Summary
- ·Guidelines have been issued regarding the winding up of Alternative Investment Funds (AIFs).
- ·These guidelines address the retention of proceeds during the winding-up process.
- ·The status of an AIF as ‘Inoperative Fund’ is also covered under these guidelines.