Board meetings of trustee and asset management companies must occur at regulator-specified frequency; additional meetings are permitted as needed. Regulation 23 requires the board of directors of the trustee company and the asset management company, including their committees, to hold meetings at ... Summary
Referred In :
Securities and Exchange Board of India (Mutual Funds) Regulations, 2026
Board meetings of trustee and asset management companies must occur at regulator-specified frequency; additional meetings are permitted as needed.
Regulation 23 requires the board of directors of the trustee company and the asset management company, including their committees, to hold meetings at least with the frequency prescribed by the Board and allows them to convene additional meetings as necessary.
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