BUSINESS ACTIVITIES AND OBLIGATIONS OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
BUSINESS ACTIVITIES AND OBLIGATIONS OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Regulation 38 - Effect of commencement of winding up proceedings
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 Chapter V COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY
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Cessation of business activities: trustees and collective investment managers must stop operating the wound-up scheme upon notice publication. On publication of the notice under regulation 37(3), the trustee or the Collective Investment Management Company must cease to carry on any business ... Summary
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Cessation of business activities: trustees and collective investment managers must stop operating the wound-up scheme upon notice publication.
On publication of the notice under regulation 37(3), the trustee or the Collective Investment Management Company must cease to carry on any business activities in respect of the collective investment scheme being wound up, suspending scheme-related commercial operations from the date of the notice and limiting the entity's role to winding-up actions.
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