EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Dispatch obligations for collective investment schemes require timely sending of warrants and redemption proceeds to unit holders. The Collective Investment Management Company must dispatch warrants to unit holders within forty two days of declaration of interim returns and must ... Summary
Dispatch obligations for collective investment schemes require timely sending of warrants and redemption proceeds to unit holders.
The Collective Investment Management Company must dispatch warrants to unit holders within forty two days of declaration of interim returns and must dispatch redemption proceeds within thirty days of the closure or winding up of the collective investment scheme, establishing the primary compliance timelines for delivery of warrants and cash redemption proceeds to unit holders.
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