Aid to investors' associations limited by Board guidelines, covering one proceeding and prioritising first applications. The Board provides aid to investors' associations under its guidelines, subject to conditions: aid shall not exceed seventy five per cent. of total legal ... Summary
Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009
Aid to investors' associations limited by Board guidelines, covering one proceeding and prioritising first applications.
The Board provides aid to investors' associations under its guidelines, subject to conditions: aid shall not exceed seventy five per cent. of total legal expenditure; aid is limited to one legal proceeding per matter; and where multiple associations apply, the association whose application is received first will be considered.
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