-
*FLA Return Update*

1. “The reporting entity need to take approval from RBI in case of submission of FLA – 2019 after due date July 31, 2019. Procedure: Visit https://flair.rbi.org.in/fla → Login → Click Please click here to get the approval to fill FLA form for current year after due date (31/07/2019) / for previous years → select 2019 → Click “Request”.

_*2.Submission of  FLA returns for previous years will be activated after September 15, 2019*_

Source : Flair portal.
https://flair.rbi.org.in/fla/faces/pages/login.xhtml

Regards
CS Vinay Mehta
Mo:- 7405237385

Comments

Post a Comment

Popular posts from this blog

Alternative Investment Funds

-
Image
ALTERNATIVE INVESTMENT FUNDS Vinay Mehta Vinay Mehta is a qualified and experienced Company Secretary, Lawyer, and Commerce Graduate by and has a rich experience of almost a decade in Compliances, Governance, FEMA Matters, Regulatory reporting, Corporate Secretarial matter and deep insight and niche in AIF related matters. WHAT IS ALTERNATIVE INVESTMENT FUND ? Alternative investment fund , means any fund established or incorporated in India in the form of a Trust or a Company or a Limited Liability Partnership or a body corporate which is privately pooled investment vehicle which collects funds from investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors; and is not covered under the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, Securities and Exchange Board of India (Collective Investment Schemes) Regulations 1999, or any other regulations of the board to regulate fund management a...
Read more

NISM Certification Requirements Before Launching an Alternative Investment Fund (AIF)

-
  Understanding Mandatory Examinations for AIF Managers & Compliance Officers The Securities and Exchange Board of India (SEBI), through various circulars and the National Institute of Securities Markets (NISM), has prescribed mandatory certification requirements for key personnel involved in the management and compliance of Alternative Investment Funds (AIFs). These certifications ensure that fund managers and compliance professionals possess adequate regulatory, operational, and risk management knowledge before managing investor capital. This article explains which NISM examination is required for which role and for which category of AIF , and why these certifications are mandatory before commencing AIF operations. 1. Certification Requirements for AIF Fund Managers / Key Investment Team A. Category I & Category II AIFs Applicable Examination: ✅ NISM-Series-XIX-D: Category I and II Alternative Investment Fund Managers Certification Examination Applicab...
Read more

Revised SEBI Framework for Angel Funds: What Startups and Investors Need to Know

-
On September 10, 2025 , the Securities and Exchange Board of India (SEBI) introduced a revised regulatory framework for Angel Funds under AIF Regulations . This move is designed to provide operational clarity, improve governance, and strengthen investor protection. Here’s a breakdown of the key changes and what they mean for both investors and startups. 🔑 Key Highlights of the New Framework 1. Only Accredited Investors Allowed Going forward, angel funds can raise money only from accredited investors . Existing angel funds have until September 8, 2026 to transition. During this period, they may still accept up to 200 non‑accredited investors . 2. Minimum Investor Requirement at First Close An angel fund must secure at least five accredited investors at the time of its first close . The first close must happen within 12 months of SEBI recording the Private Placement Memorandum (PPM). 3. Angel Funds Get Their Own Category Angel Funds are now recognised as a separate Category I AIF , i...
Read more