Payment of fees: failure to pay permits suspension of certificate and cessation of portfolio management activities. Applicants and holders must pay fees as specified in Schedule II within the notified timeframe, subject to Board discretion to allow payment on sufficient ... Summary
Securities And Exchange Board of India (Portfolio Managers) Regulations, 2020
Payment of fees: failure to pay permits suspension of certificate and cessation of portfolio management activities.
Applicants and holders must pay fees as specified in Schedule II within the notified timeframe, subject to Board discretion to allow payment on sufficient cause. If fees are not paid as provided in Schedule II, the Board may suspend the certificate, and the portfolio manager must forthwith cease to carry on portfolio management activities for the period of suspension.
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