Investor protection fund: specifies sources of credit and authorised electronic transfer methods for funding and transfers. Regulation 4 lists receipts to be credited to the Investor Protection and Education Fund, including Board contributions, government grants and donations, transfers arising from takeover, delisting and other SEBI regulations, security deposits and exchange investor funds on de-recognition, forfeitures for non-fulfilment of buy-back obligations, disgorged amounts under specified statutory provisions, and interest or other income from Fund investments. The Board may specify additional amounts in the interest of investors and mandates electronic payment channels such as NEFT, RTGS, IMPS or the SEBI Payment Gateway for crediting the Fund.
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.
Investor protection fund: specifies sources of credit and authorised electronic transfer methods for funding and transfers.
Regulation 4 lists receipts to be credited to the Investor Protection and Education Fund, including Board contributions, government grants and donations, transfers arising from takeover, delisting and other SEBI regulations, security deposits and exchange investor funds on de-recognition, forfeitures for non-fulfilment of buy-back obligations, disgorged amounts under specified statutory provisions, and interest or other income from Fund investments. The Board may specify additional amounts in the interest of investors and mandates electronic payment channels such as NEFT, RTGS, IMPS or the SEBI Payment Gateway for crediting the Fund.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.