Dispatch obligations for collective investment schemes require timely sending of warrants and redemption proceeds to unit holders. The Collective Investment Management Company must dispatch warrants to unit holders within forty two days of declaration of interim returns and must dispatch redemption proceeds within thirty days of the closure or winding up of the collective investment scheme, establishing the primary compliance timelines for delivery of warrants and cash redemption proceeds to 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.
Dispatch obligations for collective investment schemes require timely sending of warrants and redemption proceeds to unit holders.
The Collective Investment Management Company must dispatch warrants to unit holders within forty two days of declaration of interim returns and must dispatch redemption proceeds within thirty days of the closure or winding up of the collective investment scheme, establishing the primary compliance timelines for delivery of warrants and cash redemption proceeds to unit holders.
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