Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>New Real Estate Mutual Fund Schemes Must Meet Regulation 49C Criteria: 5 Years Experience, Finance Experts Required</h1> Regulation 49C of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 outlines additional eligibility criteria for launching real estate mutual fund schemes. An applicant must have a minimum of five years of experience in real estate and meet specific criteria from regulation 7, excluding certain exceptions. Such schemes are restricted from investing in certain securities unless they have key personnel with relevant finance experience. Existing mutual funds can launch real estate schemes if they have a sufficient number of experienced personnel and directors in real estate.