Regulation 12D - Procedure to be followed by an applicant for fresh registration - Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993

1 [Procedure to be followed by an applicant for fresh registration 12D. An applicant who is a company or a limited liability partnership or a body corporate who intends to act as an eligible fund manager may be granted registration under regulation 8 if: a) it fulfills all the conditions specified in sub section (4) of Section 9A of the Income-tax Act, 1961; b) it complies with the requirements specified under Chapter II of these regulations, unless specified otherwise in this Chapter; c) it pays the fees as specified in Schedule II; and d) it provides a declaration to the Board as specified in clause (2) of Schedule VI. ] ****** 1 Inserted by the SEBI (Portfolio Managers) (Amendment) Regulations, 2016, w.e.f. 02-01-2017.