corpzo

  In exercise of the powers conferred by sub-section (1) of Section 30 read with sub-section (1) of Section 11, clause (ba) and clause (c) of sub-section (2) of section 11 and sub-section (1) and (1B) of Section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 namely:– 1. These regulations may be called the Securities and Exchange Board of India (Alternative Investment Funds) (Fourth Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette: Provided that the amendments to regulation 12 shall come into force on the ninety first day from the date of publication of these regulations in the Official Gazette. 3. In the  Securities and Exchange Board of India ( Alternative Investment Funds ) Regulations, 2012 ,- Following Definitions have been inserted /

  NSIC stands for National Small Industries Corporation. It is a Govt. of India enterprise with the aim of helping small and micro-entrepreneurs to flourish in business activities. NSIC operates through a countrywide network of offices and aims to promote and foster the growth of MSME’s enterprises in India through offering integrated marketing, technology, finance and other services NSIC provides its support to the promising enterprises in 1. Procurement of Raw Materials 2. Financial support through various schemes 3. Marketing Support 4. Warehousing Facilities 5. Incubation Centres 6. Technological Assistance 7. Any Enterprises that have a valid MSME registration or UDHYOG Aadhaar is eligible to apply for NSIC registration. The most prevalent NSIC Registration is known as the  ‘single point registration scheme’ . The certificate of registration granted by NSIC is valid for two years and is renewed after inspection of the commercial and technical functionalities of the entity. Single