Regulation 25A - Meeting of the board of directors of the trustee company and the board of directors of the asset management company
Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 Chapter IV CONSTITUTION AND MANAGEMENT OF ASSET MANAGEMENT COMPANY AND CUSTODIAN
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Board meeting frequency requirement: trustee and asset management company boards must meet as specified by the regulator. Regulation 25A requires the board of directors of the trustee company and the board of directors of the asset management company, including any of their ... Summary
Board meeting frequency requirement: trustee and asset management company boards must meet as specified by the regulator.
Regulation 25A requires the board of directors of the trustee company and the board of directors of the asset management company, including any of their committees, to meet at such frequency as the Board may specify, creating a regulatory obligation on meeting frequency as part of corporate governance for mutual fund management.
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