Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Appointment of asset management company: sponsor or authorised trustee must appoint a regulator approved AMC under regulation 16(4). The sponsor, or the trustee if authorised by the trust deed, must appoint an asset management company approved by the Board under regulation 16(4), linking appointment authority to trust deed authorisation and regulatory approval.
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.
Appointment of asset management company: sponsor or authorised trustee must appoint a regulator approved AMC under regulation 16(4).
The sponsor, or the trustee if authorised by the trust deed, must appoint an asset management company approved by the Board under regulation 16(4), linking appointment authority to trust deed authorisation and regulatory approval.
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