Repeal and savings preserve portfolio manager registrations, pending applications, accrued liabilities, and proceedings under corresponding provisions. Regulation 46 repeals the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020, while preserving actions, registrations, ... Summary
Securities And Exchange Board of India (Portfolio Managers) Regulations, 2020
Repeal and savings preserve portfolio manager registrations, pending applications, accrued liabilities, and proceedings under corresponding provisions.
Regulation 46 repeals the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2020, while preserving actions, registrations, approvals, investigations, proceedings, rights, liabilities, and penalties arising under the repealed regime. Pending applications are deemed made under corresponding provisions of the 2026 Regulations. References in other regulations, guidelines, and circulars to the repealed Regulations are treated as references to corresponding provisions of the 2026 Regulations.
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