Registration fee requirement: portfolio managers must pay prescribed application, registration and periodic renewal fees to maintain registration. Portfolio managers must pay a non refundable application fee with the application and a separate registration fee on grant; to keep registration in force they must pay a prescribed periodic renewal fee for each block period. Registration and renewal fees must be paid within the timelines specified after Board intimation or before expiry of the block period, and payments must be made by approved modes to the designated payee.
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Provisions expressly mentioned in the judgment/order text.
Registration fee requirement: portfolio managers must pay prescribed application, registration and periodic renewal fees to maintain registration.
Portfolio managers must pay a non refundable application fee with the application and a separate registration fee on grant; to keep registration in force they must pay a prescribed periodic renewal fee for each block period. Registration and renewal fees must be paid within the timelines specified after Board intimation or before expiry of the block period, and payments must be made by approved modes to the designated payee.
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