In-principle approval required for listing mutual fund units before admission to a recognised stock exchange. The asset management company of a mutual fund seeking to list units of any scheme must obtain in-principle approval from the recognised stock exchange(s) and take all necessary steps to do so in the manner specified by those exchange(s).
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.
In-principle approval required for listing mutual fund units before admission to a recognised stock exchange.
The asset management company of a mutual fund seeking to list units of any scheme must obtain in-principle approval from the recognised stock exchange(s) and take all necessary steps to do so in the manner specified by those exchange(s).
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