TAILIEUCHUNG - SECURITIES AND EXCHANGE BOARD OF INDIA (ALTERNATIVE INVESTMENT FUNDS) REGULATIONS

North Korea frequently procures for its uranium enrichment program either directly in China or by using it as a transshipment point. China is unlikely to view North Korea’s continued illicit procurement for its nuclear program as strengthening Chinese national security interests. Most believe that China views North Korea’s nuclear weapons program as destabilizing to the region. Likewise, there is no evidence that the Chinese government is secretly approving or willfully ignoring exports to North Korea’s centrifuge program in an effort to strengthen North Korea’s nuclear weapons program. Nonetheless, China is not applying enough resources to detect and. | SECURITIES AND EXCHANGE BOARD OF INDIA ALTERNATIVE INVESTMENT Funds regulations 2012 By Nidhi Ladha Aditi Jhunjhunwala Nivedita Shankar of Vinod Kothari Company May 23 2012 Vinod Kothari Company Practising Company Secretaries Kolkata office 1012 Krishna 224 AJC Bose Road Kolkata 700 017 Mumbai office 222 Ashoka shopping centre 2nd Floor LT Road near GT Hospital ph 2281 7715 3742 1276 Mumbai - 400 001 This Presentation is the property of Vinod Kothari Company and no part of it can be copied reproduced or distributed in any manner VK INTRODUCTION I The Securities Exchange Board of India SEBI vide its notification no. LAD-NRO GN 2012-13 04 11262. dated May 21 2012 isSued regulations for Alternate Investment Funds in India- SEBI Alternate Investment Funds Regulations 2012 AIF Regulations ỄThe need was felt after unregulated funds like private equity PIPE and Real Estate flourished inspite of SEBI s framing SEBI Venture Capital Funds Regulations 1996. BThe aim behind enacting the Regulations still remains the same- to encourage funding of entrepreneurs early-stage .

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