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 inspection expenses may be recovered by the Board from the fund, trustees and asset management company. The Board may recover from the mutual fund, trustees and the Asset Management Company expenses incurred for investigation or inspection of the books, accounts, records and documents of those entities; recoverable expenses expressly include fees paid to auditors engaged for such investigations or inspections and may encompass other related inspection costs.
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 inspection expenses may be recovered by the Board from the fund, trustees and asset management company.
The Board may recover from the mutual fund, trustees and the Asset Management Company expenses incurred for investigation or inspection of the books, accounts, records and documents of those entities; recoverable expenses expressly include fees paid to auditors engaged for such investigations or inspections and may encompass other related inspection costs.
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