Investor documentation access: AMCs must maintain complete investor records to enable direct investor transactions and prompt service. AMCs and mutual funds must maintain all investor-related documents (account opening forms, PAN, KYC, PoA if applicable, specimen signatures) with AMCs/RTAs; new folios may be opened only after these documents are available. Existing folios must be updated by November 15, 2010, and trustees must submit independent auditor certification of completion by November 22, 2010.
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.
Investor documentation access: AMCs must maintain complete investor records to enable direct investor transactions and prompt service.
AMCs and mutual funds must maintain all investor-related documents (account opening forms, PAN, KYC, PoA if applicable, specimen signatures) with AMCs/RTAs; new folios may be opened only after these documents are available. Existing folios must be updated by November 15, 2010, and trustees must submit independent auditor certification of completion by November 22, 2010.
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