Eligibility expansion to include insurance companies alongside mutual funds under section 100, amending the finance legislation framework. The amendment inserts the words 'or insurance company' after every occurrence of 'Mutual Fund' in section 100 of the Principal Act, so that references to 'Mutual Fund' in that section are read as 'Mutual Fund or insurance company,' extending the scope of section 100's provisions to include insurance companies alongside mutual funds.
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.
Eligibility expansion to include insurance companies alongside mutual funds under section 100, amending the finance legislation framework.
The amendment inserts the words "or insurance company" after every occurrence of "Mutual Fund" in section 100 of the Principal Act, so that references to "Mutual Fund" in that section are read as "Mutual Fund or insurance company," extending the scope of section 100's provisions to include insurance companies alongside mutual funds.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.