https://www.taxtmi.com/acts?id=39384 The amendments define pooled investment vehicle to include Indian funds established as trusts or otherwise that raise investor monies and are registered, and classify units or instruments issued by them as securities. They permit pooled investment vehicles to borrow, issue debt securities and grant security interests; on default lenders may proceed against the trustee to realise trust assets and remit any surplus to unit holders. en-us Mon, 01 Feb 2021 18:45:41 +0530 Thu, 04 Feb 2021 15:50:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39384 The amendments define pooled investment vehicle to include Indian funds established as trusts or otherwise that raise investor monies and are registered, and classify units or instruments issued by them as securities. They permit pooled investment vehicles to borrow, issue debt securities and grant security interests; on default lenders may proceed against the trustee to realise trust assets and remit any surplus to unit holders. Act-Rules Bills Mon, 01 Feb 2021 18:45:41 +0530 https://www.taxtmi.com/acts?id=39384