Friday, December 7, 2018

SEBI allows 1 year to comply with mutual fund shareholding norms if such norms are inadvertently vio

Regulation 7B of SEBI (Mutual Fund) Regulations, 1996 is amended to provide 1 year time to sponsors of the mutual funds to comply with norms for shareholding and Governance of Mutual funds where they inadvertently acquire shares or voting rights due to merger or acquisition

from taxmann.com News https://ift.tt/2AVWYFz
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