Change in control of the asset management company involving scheme of arrangement under Companies Act, 2013
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....of Mutual Funds Association of Mutual Funds in India ("AMFI") Sir / Madam, Subject: Change in control of the asset management company involving scheme of arrangement under Companies Act, 2013 1. Regulation 22(e) of SEBI (Mutual Fund) Regulations 1996 ("MF Regulations"), inter-alia, requires that no change in the control of the asset management company ("AMC") shall be made unless prior....
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....l will be granted by SEBI; iii. The validity of such in-principle approval shall be three months from the date of issuance, within which the relevant application shall be made to NCLT; iv. Within 15 days from the date of order of NCLT, applicant shall submit the following documents to SEBI for final approval: a. Application for the final approval; b. Copy of the....
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