Refusal of registration: applicants receive a hearing, written grounds, and may seek Board reconsideration within a prescribed period. Regulation 10 provides that where an application for registration as a portfolio manager does not satisfy regulation 6, the Board may reject the application after giving an opportunity of being heard. The Board must communicate refusal in writing stating the grounds within thirty days of such refusal. An aggrieved applicant may apply to the Board for reconsideration within thirty days of receiving the intimation, and the Board shall reconsider and communicate its decision in writing as soon as possible.
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.
Refusal of registration: applicants receive a hearing, written grounds, and may seek Board reconsideration within a prescribed period.
Regulation 10 provides that where an application for registration as a portfolio manager does not satisfy regulation 6, the Board may reject the application after giving an opportunity of being heard. The Board must communicate refusal in writing stating the grounds within thirty days of such refusal. An aggrieved applicant may apply to the Board for reconsideration within thirty days of receiving the intimation, and the Board shall reconsider and communicate its decision in writing as soon as possible.
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