https://www.taxtmi.com/caselaws?id=404106 Winding up of mutual fund schemes requires unitholder consent under clause (c) to Regulation 18(15), which the document interprets as consent by a majority of unitholders who participated in the poll, not a majority of all unitholders. Objections to e-voting procedures and to the appointment of the e-voting provider were rejected because the platform was certified and supervised and the participation levels (approximately 38% numerical, 54% value) were sufficient; rejected corporate votes would only increase affirmative proportions. Trustees may engage a third party to undertake orderly realization, liquidation and distribution to unitholders; appointment of a third party to wind up was directed. en-us Fri, 12 Feb 2021 00:00:00 +0530 Fri, 07 Aug 2026 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404106 Winding up of mutual fund schemes requires unitholder consent under clause (c) to Regulation 18(15), which the document interprets as consent by a majority of unitholders who participated in the poll, not a majority of all unitholders. Objections to e-voting procedures and to the appointment of the e-voting provider were rejected because the platform was certified and supervised and the participation levels (approximately 38% numerical, 54% value) were sufficient; rejected corporate votes would only increase affirmative proportions. Trustees may engage a third party to undertake orderly realization, liquidation and distribution to unitholders; appointment of a third party to wind up was directed. Case-Laws SEBI Fri, 12 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404106