Utilization of investor education fund: registration, funding conditions, monitoring and annual accounting required by committee. The Committee may register organisations for investor awareness activities and accept registration and funding applications in Forms 3 and 4. Registered organisations must provide programme summaries and accounts within ten days. Grants-in-aid may be given as one-time payments, in stages, or by reimbursement. The Committee may verify end use of grants before release, must prepare an annual statement of receipts and disbursements, and must maintain records of amounts disbursed, dates, recipients and funded activities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Utilization of investor education fund: registration, funding conditions, monitoring and annual accounting required by committee.
The Committee may register organisations for investor awareness activities and accept registration and funding applications in Forms 3 and 4. Registered organisations must provide programme summaries and accounts within ten days. Grants-in-aid may be given as one-time payments, in stages, or by reimbursement. The Committee may verify end use of grants before release, must prepare an annual statement of receipts and disbursements, and must maintain records of amounts disbursed, dates, recipients and funded activities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
