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Report on Variable Capital Company
June 6 , 2021
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- Dr. K.P. Krishnan committee on “Variable Capital Company” has submitted its report to International Financial Services centres Authority (IFSCA).
- The report is regarding feasibility of Variable Capital Companies in International Financial Services Centres in India.
- VCC is an alternative form of corporate vehicle which can be used for open-ended as well as closed-ended alternative and traditional fund strategies.
- It is a corporate vehicle with flexible capital.
- These shares are created when investments are made and shares are readily redeemable by shareholders.
- It has been designed for fund management industry.
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