Chapter I. Preliminary

Regulation 1. Short title and commencement.

Regulation 2. Definitions

Chapter II. Registration of Alternative Investment Funds

Regulation 3. Registration of Alternative Investment Funds

Regulation 4. Eligibility Criteria

Regulation 5. Furnishing of Information.

Regulation 6. Procedure for grant of Certificate.

Regulation 7. Conditions of certificate.

Regulation 8. Procedure where registration is refused.

Chapter III. Investment Conditions and Restrictions

Regulation 9. Investment Strategy

Regulation 10. Investment in Alternative Investment Fund

Regulation 11. Placement Memorandum

Regulation 12. Schemes

Regulation 13. Tenure

Regulation 14. Listing

Regulation 15. General Investment Conditions

Chapter III. Investment Conditions & Restrictions (Part II)

Regulation 16. Conditions for Category I Alternative Investment Funds

Regulation 17. Conditions for Category I Alternative Investment Funds

Regulation 17A. Conditions for co-investment by Category I and II Alternative Investment Funds

Regulation 18. Conditions for Category I Alternative Investment Funds

Regulation 19. Other Alternative Investment Fund

Chapter III-A - Angel Funds

Regulation 19A. Definitions

Regulation 19B. Applicability

Regulation 19C. Registration of Angel Funds

Regulation 19D. Investment in Angel Funds

19E. Schemes

19F. Investment of Angel Funds

19G. Obligations of Sponsors and Managers of Angel Fund

19H. Prohibition of Listing.

Chapter III -B - Special Situation Funds

Section 19I. Definitions

Section 19J. Applicability

Section 19K. Registration of special situation funds

Section 19L. Investment in special situation funds

Section 19M. Investment by special situation funds

Chapter III - C - CORPORATE DEBT MARKET DEVELOPMENT FUND

Section 19N. Applicability

Section 19O. Registration of the Corporate Debt Market Development Fund

Section 19P. Investment in the Corporate Debt Market Development Fund

Section 19Q. Investment conditions for the Corporate Debt Market Development FundSection

19R. Disclosures

Section 19S. Governance Mechanism for the Corporate Debt Market Development FundSection

19T. Prohibition of Listing

Section 19U. Others

Chapter III - D - MIGRATED VENTURE CAPITAL CAPITAL FUNDS

Section 19V. Definitions

Section 19W. Applicability

Section 19X. Procedure for grant of Certificate

Section 19Y. Eligibility Criteria

Section 19Z. Prohibition on inviting subscription from the public

Section 19AA. Private placement

Section 19AB. Placement memorandum or subscription agreement

Section 19AC. Contents of Placement Memorandum

Section 19AD. Investment by migrated venture capital fundSection

19AE. Schemes

Section 19AF. Tenure

Section 19AG. Listing

Section 19AH. Maintenance of Records

Chapter IV - GENERAL OBLIGATIONS AND RESPONSIBILITIES AND TRANSPARENCY

Section 20. General Obligations

Section 21. Conflict of interest

Section 22. Transparency

Section 23. Valuation

Section 24. Obligations of Manager

Section 24A. Grievance Addressal Mechanism

Section 25. Dispute Resolution

Section 26. Power to call for Information

Section 27. Maintenance of Records

Section 28. Submissions of Report to the Board

Section 29. Winding

Section 29A. Liquidation Scheme

Section 29B. Dissolution Period

Chapter V- INSPECTION

Section 30. Board’s right to inspect

Section 31. Notice before inspection

Section 32. Obligation of Alternative Investment Fund on inspection

Section 33. Submission of report to the Board

Section 34. Communication of findings, etc. to the Alternative Investment Fund

CHAPTER VI. PROCEDURE FOR ACTION IN CASE OF DEFAULT

Section 35. Liability for action in case of default.

CHAPTER VI-A POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS

Section 35A. Exemption from enforcement of the regulations in special cases.

CHAPTER VII. MISCELLANEOUS

Section 36. Power of the Board to issue clarifications.

Section 37. Delegation of powers.

Section 38. Amendments to other Regulations

Section 39. Repeal and Saving