Regulation 14 - Obligations of Collective Investment Management Company
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 Chapter III BUSINESS ACTIVITIES AND OBLIGATIONS OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY
Contents
Notifications
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Obligations of Collective Investment Management Company require fiduciary management, due diligence, reporting and related party restrictions. The Collective Investment Management Company must manage funds and properties of the collective investment scheme for unit holders with due diligence and ... Summary
Obligations of Collective Investment Management Company require fiduciary management, due diligence, reporting and related party restrictions.
The Collective Investment Management Company must manage funds and properties of the collective investment scheme for unit holders with due diligence and care, remain liable for acts or omissions of employees and service providers, ensure management conforms with regulations, the offer document and trust deed, comply with Board guidelines, and observe operational and governance duties including avoiding improper related party transactions, reporting such transactions, appointing transfer agents, maintaining records and reports, holding regular board meetings, following a Code of Conduct, obtaining insurance and implementing required employee investments.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.