SEBI has issued clarification regarding the information to be filed by schemes of AIFs availing dissolution period/additional liquidation period and conditions for in-specie distribution of assets of AIFs

SEBI vide circular dated July 09, 2024 has issued clarification regarding the information to be filed by schemes of AIFs availing dissolution period/additional liquidation period and conditions for in-specie distribution of assets of AIFs.

The information memorandum for a scheme of an AIF entering into dissolution period shall be submitted to SEBI before expiry of the liquidation period or additional liquidation period of the scheme, as the case may be. The information memorandum to be submitted by the scheme of AIF entering into dissolution period and Due Diligence Certificate by Merchant Banker shall be submitted in the prescribed format.

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