https://www.taxtmi.com/article/detailed?id=472 The Guidelines permit the Board to reimburse recognized Investors' Associations for legal proceedings on securities matters affecting large numbers of investors, subject to demonstrable reliance and loss where applicable, a detailed application (including investor lists, cause of action, counsel details and itemized cost estimates), and an undertaking against other funding. Reimbursable expenses are court fees, counsel fees and incidental charges. Aid is discretionary, capped by forum, reimbursed only against auditor-certified original bills up to a prescribed percentage, and conditioned on periodic reporting, final accounting and Board audits or inspections. en-us Mon, 24 Aug 2009 00:00:00 +0530 Fri, 11 Dec 2009 19:00:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=472 The Guidelines permit the Board to reimburse recognized Investors' Associations for legal proceedings on securities matters affecting large numbers of investors, subject to demonstrable reliance and loss where applicable, a detailed application (including investor lists, cause of action, counsel details and itemized cost estimates), and an undertaking against other funding. Reimbursable expenses are court fees, counsel fees and incidental charges. Aid is discretionary, capped by forum, reimbursed only against auditor-certified original bills up to a prescribed percentage, and conditioned on periodic reporting, final accounting and Board audits or inspections. Articles Corporate Laws / IBC / SEBI Mon, 24 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=472