Trust Deed Registration required: collective investment schemes must be constituted as registered trusts with trustees holding assets for unit holders. Collective investment schemes must be constituted as trusts with the instrument of trust executed by the Collective Investment Management Company and duly ... Summary
Referred In :
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Trust Deed Registration required: collective investment schemes must be constituted as registered trusts with trustees holding assets for unit holders.
Collective investment schemes must be constituted as trusts with the instrument of trust executed by the Collective Investment Management Company and duly registered under the Indian Registration Act; the management company must appoint a trustee who holds the scheme's assets for the benefit of unit holders.
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