IN EXERCISE of the powers contained in Section 211 of the Securities Act. 2016, the following Guidelines are hereby made:
These Guidelines may be cited as the Securities (Private Funds) Guidelines. 2022.
These Guidelines shall, unless exempted by the Commission, apply to Private Funds- involved in providing Funding to investee companies through issuance of securities and through debt
Authorized by the Commission which do not come within the purview of the Securities (Collective Investment Schemes) Rules, Securities (Registration of Securities) (Investment Companies) Rules or other rules and regulations for the regulation of management activities.
In case of any doubt on the application of these Guidelines to a particular Private Fund, it is advised that direction or clarification be sought from the Securities and Exchange Commission.