Trust Deed Registration required: collective investment schemes must be constituted as registered trusts with trustees holding assets for unit holders. Collective investment schemes must be constituted as trusts with the instrument of trust executed by the Collective Investment Management Company and duly registered under the Indian Registration Act; the management company must appoint a trustee who holds the scheme's assets for the benefit of unit holders.
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.
Trust Deed Registration required: collective investment schemes must be constituted as registered trusts with trustees holding assets for unit holders.
Collective investment schemes must be constituted as trusts with the instrument of trust executed by the Collective Investment Management Company and duly registered under the Indian Registration Act; the management company must appoint a trustee who holds the scheme's assets for the benefit of unit holders.
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