Guaranteed returns: prior rules required full guarantor and offer document disclosure; the provision is now omitted. Regulation 38 concerning guaranteed returns in mutual fund schemes has been omitted. Previously it required that no guaranteed return be provided unless returns were fully guaranteed by the sponsor or asset management company, the guarantor's name was stated in the offer document, and the manner of meeting the guarantee was disclosed in the offer document.
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.
Guaranteed returns: prior rules required full guarantor and offer document disclosure; the provision is now omitted.
Regulation 38 concerning guaranteed returns in mutual fund schemes has been omitted. Previously it required that no guaranteed return be provided unless returns were fully guaranteed by the sponsor or asset management company, the guarantor's name was stated in the offer document, and the manner of meeting the guarantee was disclosed in the offer document.
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