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Legacy VC funds' legal ambiguity to end soon
Financial Express Bengaluru
|June 05, 2025
Sebi's migration framework will help resolve issues pending for long
THE VENTURE CAPITAL fund (VCF) migration framework, announced by the Securities and Exchange Board of India (Sebi) in August, will end the long-standing legal ambiguity for legacy VC funds, bringing further regulatory clarity and investor protection to the alternative investment ecosystem.
For over a decade, dozens of VC funds, whose liquidation period has not expired or certain assets remain unliquidated despite expiry of the liquidation period, have operated in a regulatory "no man's land". It is unclear exactly how many VC funds find themselves in this ambiguity.
Denne historien er fra June 05, 2025-utgaven av Financial Express Bengaluru.
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FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
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