Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Mutual fund scheme filings require trustee approval, Board observations within a set period, and fees under the First Schedule. An asset management company may launch a scheme only after trustees approve and after it receives the Board's final observations on the filed offer document; the Board must issue observations within a prescribed observation period. On filing, the mutual fund must pay the minimum filing fee specified in the First Schedule, and the balance filing fee, calculated under the First Schedule, must be paid within the time the Board specifies.
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.
Mutual fund scheme filings require trustee approval, Board observations within a set period, and fees under the First Schedule.
An asset management company may launch a scheme only after trustees approve and after it receives the Board's final observations on the filed offer document; the Board must issue observations within a prescribed observation period. On filing, the mutual fund must pay the minimum filing fee specified in the First Schedule, and the balance filing fee, calculated under the First Schedule, must be paid within the time the Board specifies.
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