https://www.taxtmi.com/acts?id=41036 Insiders are barred from trading mutual fund units while in possession of unpublished price sensitive information affecting NAV or unit holders, with a rebuttable presumption of motivation. Rebuttal may be established by: off-market inter-se transfers reported to the asset management company and notified to the stock exchange; statutory or regulatory obligation transactions; systematic transactions registered two months prior; and irrevocable trading plans approved by the Compliance Officer and disclosed sixty days prior (plans must run at least six months, with certain pre-clearance and contra trade norms inapplicable). Connected persons bear the onus of proof; otherwise the Board bears the onus. en-us Sat, 26 Nov 2022 11:33:16 +0530 Wed, 14 Aug 2024 14:20:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41036 Insiders are barred from trading mutual fund units while in possession of unpublished price sensitive information affecting NAV or unit holders, with a rebuttable presumption of motivation. Rebuttal may be established by: off-market inter-se transfers reported to the asset management company and notified to the stock exchange; statutory or regulatory obligation transactions; systematic transactions registered two months prior; and irrevocable trading plans approved by the Compliance Officer and disclosed sixty days prior (plans must run at least six months, with certain pre-clearance and contra trade norms inapplicable). Connected persons bear the onus of proof; otherwise the Board bears the onus. Act-Rules SEBI Sat, 26 Nov 2022 11:33:16 +0530 https://www.taxtmi.com/acts?id=41036