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Eligibility conditions for grant of licence to a venture capital fund

. A venture capital fund shall not be granted licence unless it fulfills the following conditions, namely :- a. it is incorporated as a company under the Companies Ordinance, 1984 (XLVII of 1984); b. it is not engaged in any business other than that of investment in venture projects; c. it has a minimum paid-up capital of fifty mi...


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