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 winding up: trustees/AMC must stop scheme activity and unit transactions and list units on an exchange. From the date of publication of the notice under clause (b) of sub regulation (3) of regulation 36, trustees or the asset management company must cease business activities in respect of the winding up scheme, cease creating, cancelling, issuing or redeeming its units, and must list the scheme's units on a recognised stock exchange.
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 winding up: trustees/AMC must stop scheme activity and unit transactions and list units on an exchange.
From the date of publication of the notice under clause (b) of sub regulation (3) of regulation 36, trustees or the asset management company must cease business activities in respect of the winding up scheme, cease creating, cancelling, issuing or redeeming its units, and must list the scheme's units on a recognised stock exchange.
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