https://www.taxtmi.com/acts?id=35224 Regulation 35 requires the asset management company to disclose the minimum subscription and any extent of oversubscription in the offer document; applicants up to five thousand units receive full allotment subject to retained oversubscription. The mutual fund and asset management company must refund application monies if the minimum subscription is not met or if receipts exceed retained subscription, with refunds to be made within five working days from closure of the subscription list as specified by the Board, and interest payable on delayed refunds. en-us Sat, 19 Jan 2019 16:45:44 +0530 Mon, 17 Feb 2025 18:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35224 Regulation 35 requires the asset management company to disclose the minimum subscription and any extent of oversubscription in the offer document; applicants up to five thousand units receive full allotment subject to retained oversubscription. The mutual fund and asset management company must refund application monies if the minimum subscription is not met or if receipts exceed retained subscription, with refunds to be made within five working days from closure of the subscription list as specified by the Board, and interest payable on delayed refunds. Act-Rules SEBI Sat, 19 Jan 2019 16:45:44 +0530 https://www.taxtmi.com/acts?id=35224