Mumbai, June 18 (IANS) HDFC Property Fund and HDFC Capital Advisors have settled a case related to the violation of venture fund regulations with the Securities and Exchange Board of India (SEBI) with a payment of Rs 26 lakh.The case pertains to the alleged delay in completing the process of asset liquidation and distribution of proceeds. The delay in winding up the schemes constitutes a breach of the SEBI’s Venture Capital Funds rules.According to a settlement order issued by the market regulat…
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