https://www.taxtmi.com/acts?id=52877 Appointment and reappointment of the trustee company's board require prior Board approval; the chairperson must be an independent director. At least two thirds of the board must be independent directors not associated with the sponsor, asset management company or trustee company. Trustee directors may serve other trusts only where objects do not conflict. Eligibility to be a trustee requires compliance with Schedule II fit and proper criteria, no role as director/officer/employee of the asset management company, no trusteeship of another mutual fund, and furnishing information requested by the Board. en-us Fri, 16 Jan 2026 15:36:29 +0530 Sat, 17 Jan 2026 11:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52877 Appointment and reappointment of the trustee company's board require prior Board approval; the chairperson must be an independent director. At least two thirds of the board must be independent directors not associated with the sponsor, asset management company or trustee company. Trustee directors may serve other trusts only where objects do not conflict. Eligibility to be a trustee requires compliance with Schedule II fit and proper criteria, no role as director/officer/employee of the asset management company, no trusteeship of another mutual fund, and furnishing information requested by the Board. Act-Rules SEBI Fri, 16 Jan 2026 15:36:29 +0530 https://www.taxtmi.com/acts?id=52877