Regulation 42 - Dispatch of warrants and proceeds - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999

Dispatch of warrants and proceeds 42. The Collective Investment Management Company shall, (a) Dispatch to the unit holders the warrants within 42 days of the declaration of the interim returns. (b) Dispatch the redemption proceeds within 30 days of the closure or the winding up of the 1 [ collective investment scheme ]. ************** NOTES:- 1 ibid.