https://www.taxtmi.com/acts?id=52902 Winding up occurs on expiry or earlier if trustees deem an event requires winding up, if 75% of unit holders resolve winding up, or if the Board directs winding up in unitholders' interest. Trustees must notify the Board and publish the circumstances within one day in two national dailies and one vernacular newspaper. Where winding up is on trustee opinion, trustees must obtain unit holder consent by simple majority of participating unitholders (one vote per unit) and publish results within 45 calendar days; failure to obtain consent requires reopening the scheme from the second business day after results publication. en-us Fri, 16 Jan 2026 16:29:25 +0530 Sat, 17 Jan 2026 11:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52902 Winding up occurs on expiry or earlier if trustees deem an event requires winding up, if 75% of unit holders resolve winding up, or if the Board directs winding up in unitholders' interest. Trustees must notify the Board and publish the circumstances within one day in two national dailies and one vernacular newspaper. Where winding up is on trustee opinion, trustees must obtain unit holder consent by simple majority of participating unitholders (one vote per unit) and publish results within 45 calendar days; failure to obtain consent requires reopening the scheme from the second business day after results publication. Act-Rules SEBI Fri, 16 Jan 2026 16:29:25 +0530 https://www.taxtmi.com/acts?id=52902