Recognition of Self Regulatory Organization: application, governance norms, membership rules and fee requirement under prescribed form. Recognition as a Self Regulatory Organization requires a section 25 company to apply to the Board with governing norms and memorandum and articles of association describing the Board's constitution and powers, duties of office bearers, and membership admission and disciplinary rules; distributors are deemed intermediaries and exclusivity may be applied for distributors of mutual fund asset managers. Applications must be signed by an authorised officer, filed in Form A and accompanied by the prescribed non refundable application fee.
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Provisions expressly mentioned in the judgment/order text.
Recognition of Self Regulatory Organization: application, governance norms, membership rules and fee requirement under prescribed form.
Recognition as a Self Regulatory Organization requires a section 25 company to apply to the Board with governing norms and memorandum and articles of association describing the Board's constitution and powers, duties of office bearers, and membership admission and disciplinary rules; distributors are deemed intermediaries and exclusivity may be applied for distributors of mutual fund asset managers. Applications must be signed by an authorised officer, filed in Form A and accompanied by the prescribed non refundable application fee.
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