Association registration mandates disclosures and compliance for investor-protection funding, subject to committee discretion and documentation. Application under the Investor Education and Protection Fund rules requires associations to submit Form No. 03 with detailed disclosure of organisation, ... Summary
Association registration mandates disclosures and compliance for investor-protection funding, subject to committee discretion and documentation.
Application under the Investor Education and Protection Fund rules requires associations to submit Form No. 03 with detailed disclosure of organisation, office bearers, membership, three year financial statements (sources and uses), activities including grievance handling and meetings, and specified enclosures (memorandum, audited accounts, membership lists, publications). The Committee retains discretion to reject or seek additional information, submission does not guarantee registration or funding, and false information may lead to rejection or cancellation; applicants must agree to abide by Committee and Central Government rules.
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