Grant of provisional registration

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....nt subject to the following conditions, namely :- (a) the applicant shall get the existing ^1[collective investment scheme]s rated by a credit rating agency within ^2[two] year from the date of grant of provisional registration; (b) the applicant shall get the existing ^3[collective investment scheme]s audited by an auditor within a period of ^4[two] year from the date of grant o....

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....Rupees one crore within one year from the date of grant of provisional registration which shall be increased by Rupees one crore each within two years, three years, four years and five years from the date of grant of provisional registration; (g) the applicant shall not dispose of the ^10[collective investment scheme] property except for meeting obligations arising under the offer documen....

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....cheme] in the manner specified in regulation 73.     **************** NOTES:- 1 ibid. 2 Word "one" in clause (a) of sub-regulation (1) of Regulation 71 is substituted by the Securities and Exchange Board of India (Collective Investment Schemes) (Amendment) Regulations, 2002, w.e.f, 17-01-2002. 3 Substituted by the SEBI (Collective Investment Schemes) (Amendm....