Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
SEBI mutual fund inspections: Board must give at least ten days' notice unless waived for unitholder interest. Regulation 75 requires the Board to give not less than ten calendar days' notice to the mutual fund, asset management company or trustees before ordering an inspection or investigation under regulation 74, allows the Board by written order to proceed without notice if notice would not be in the interest of unitholders, and mandates that the entities subject to inspection or investigation comply with all obligations specified under regulation 76.
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.
SEBI mutual fund inspections: Board must give at least ten days' notice unless waived for unitholder interest.
Regulation 75 requires the Board to give not less than ten calendar days' notice to the mutual fund, asset management company or trustees before ordering an inspection or investigation under regulation 74, allows the Board by written order to proceed without notice if notice would not be in the interest of unitholders, and mandates that the entities subject to inspection or investigation comply with all obligations specified under regulation 76.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.