https://www.taxtmi.com/caselaws?id=409909 The court provided a comprehensive interpretation of the relevant regulations, emphasizing transparency, accountability, and the importance of informed decision-making in the winding-up process of mutual fund schemes. It upheld the constitutional validity of Regulations 39 to 42, highlighting the role of trustees in seeking unitholders' consent before winding up a scheme. The judgment reinforced SEBI's regulatory powers to protect investors and market integrity, ensuring a balanced approach that safeguards unitholders' rights while maintaining regulatory oversight and market stability. en-us Wed, 14 Jul 2021 00:00:00 +0530 Tue, 16 Aug 2022 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409909 The court provided a comprehensive interpretation of the relevant regulations, emphasizing transparency, accountability, and the importance of informed decision-making in the winding-up process of mutual fund schemes. It upheld the constitutional validity of Regulations 39 to 42, highlighting the role of trustees in seeking unitholders' consent before winding up a scheme. The judgment reinforced SEBI's regulatory powers to protect investors and market integrity, ensuring a balanced approach that safeguards unitholders' rights while maintaining regulatory oversight and market stability. Case-Laws SEBI Wed, 14 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409909