https://www.taxtmi.com/notifications?id=139777 Amendments clarify definitions of change in control, independent director and Senior Management; restrict auditor tenure and require limited reviews of consolidated entities; mandate transfer of unclaimed distributions to an Investor Protection and Education Fund; treat overnight mutual fund investments as cash equivalents excluded from InvIT asset value; and impose governance, compliance and disclosure obligations on investment managers, including minimum board composition, quarterly compliance reviews, a vigil mechanism, secretarial compliance reporting and specified board information and compliance certificates as set out in Schedule VII. en-us Tue, 14 Feb 2023 00:00:00 +0530 Wed, 15 Feb 2023 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=139777 Amendments clarify definitions of change in control, independent director and Senior Management; restrict auditor tenure and require limited reviews of consolidated entities; mandate transfer of unclaimed distributions to an Investor Protection and Education Fund; treat overnight mutual fund investments as cash equivalents excluded from InvIT asset value; and impose governance, compliance and disclosure obligations on investment managers, including minimum board composition, quarterly compliance reviews, a vigil mechanism, secretarial compliance reporting and specified board information and compliance certificates as set out in Schedule VII. Notifications SEBI Tue, 14 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=139777