Director transaction disclosure: quarterly filings to trustees; mutual funds may invest in venture capital units within NAV limits. Each director of the Asset Management Company must file details of his securities dealings with trustees quarterly; specified filing and communication periods are shortened; half yearly financial results must follow a substituted Twelfth Schedule in a prescribed tabular format and be printed in at least 7 point Times Roman. Mutual fund schemes may invest, within existing NAV percentage limits for open and close ended schemes, in listed or unlisted securities or units of venture capital funds or shares of venture capital companies. Mutual funds must pay applicable volatility margins on equity sales except where early pay in is effected.
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.
Director transaction disclosure: quarterly filings to trustees; mutual funds may invest in venture capital units within NAV limits.
Each director of the Asset Management Company must file details of his securities dealings with trustees quarterly; specified filing and communication periods are shortened; half yearly financial results must follow a substituted Twelfth Schedule in a prescribed tabular format and be printed in at least 7 point Times Roman. Mutual fund schemes may invest, within existing NAV percentage limits for open and close ended schemes, in listed or unlisted securities or units of venture capital funds or shares of venture capital companies. Mutual funds must pay applicable volatility margins on equity sales except where early pay in is effected.
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