NCLAT: In Absence of Contractual Clause Interest for Delayed Payments Can’t Form Part of OD  ||  NCLAT: Can Correct Inadvertent Typographical Errors in Orders Passed by NCLT under NCLT Rules  ||  NCLAT: To Satisfy Requirement of S.8 Service of Demand Notice on Registered E-Mail of CD Sufficient  ||  Delhi HC Closes Suit by Hamdard Against Baba Ramdev’s ‘Sharbat Jihad’ Remark  ||  Delhi HC: Can Consider Documents Filed with Plaint to Determine ‘Cause of Action’  ||  Sikkim HC: Section 29A as Amended in 2019 is Applicable on All Arb. Proceedings Pending at the Time  ||  AP HC: Preliminary Enquiry Report Loses Its Significance, Once Regular Enquiry is Initiated  ||  SC: Can’t Take Cognizance of Offence Under S.186 IPC on Police Report/Chargesheet  ||  SC: Can Admit Unregistered Agree. to Sell as Evidence to Prove Contract in Specific Performance Suit  ||  SC Directs Reservation of Post of Treasure for Women Lawyers in Gujarat High Court    

Grant of recognition to CDSL Ventures Limited as an accreditation agency- (Securities and Exchange Board of India) (12 Jan 2022)

MANU/SPRL/0001/2022

Capital Market

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on November 09, 2021] SEBI (Portfolio Managers) Regulations, 2020 [Last amended on November 09, 2021] and SEBI (Investment Advisers) Regulations, 2013 [Last amended on August 03, 2021] were notified on August 03, 2021 to introduce framework for "Accredited Investors" in the Indian Securities Market. Pursuant to SEBI Circular dated August 26, 2021 on modalities for implementation of the framework for Accredited Investors, applications have been received from entities for recognition as Accreditation Agency, which shall issue Accreditation certificate to the investors seeking accreditation.

Post examination of their application, CDSL Ventures Limited (CVL), a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL) has been granted recognition as an Accreditation Agency under Regulation 2(1) (aa) of SEBI (Alternative Investment Funds) Regulations, 2012 read with SEBI circular dated August 26, 2021, for a period of three years with effect from February 01, 2022. The renewal of the recognition would be subject to satisfactory performance by CVL.

The procedure for accreditation of an investor and verification of accreditation status of an investor by investment providers (viz. Alternative Investment Funds, Portfolio Managers and, Investment Advisers) and other modalities along with relevant circulars shall be displayed on the website of CDSL and CVL.

Tags : RECOGNITION   GRANT   ACCREDITATION AGENCY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved