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        SEBI

        Regulation 39 - Cessation of the collective investment scheme

        Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
        Chapter V
        COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY

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        Collective investment scheme cessation upon board satisfaction that prescribed winding up measures have been complied with. Cessation of a collective investment scheme occurs when the regulatory board, upon review of the required winding up report, is satisfied that all prescribed measures for winding up have been complied with; once the board reaches such satisfaction the collective investment scheme shall cease to exist.
                        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.

                              Collective investment scheme cessation upon board satisfaction that prescribed winding up measures have been complied with.

                              Cessation of a collective investment scheme occurs when the regulatory board, upon review of the required winding up report, is satisfied that all prescribed measures for winding up have been complied with; once the board reaches such satisfaction the collective investment scheme shall cease to exist.


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