SEBI Relaxation in compliance with requirements pertaining to AIFs and VCFs By CS Shaffy Mehta

In light of market events due to CoVID-19 pandemic, SEBI, vide Circular No. SEBI/HO/IMD/DF1/CIR/P/2020/58, dated March 30, 2020, extended the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020.

A need has been felt to further extend the timelines for regulatory filings for AIFs and VCFs. Accordingly, SEBI now clarifies vide Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/92  dated June 04, 2020 that AIFs and VCFs may submit the regulatory filings for the months ending March, April,  May  and  June  2020, as  applicable, on or Before August 07, 2020.

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