Regulation 18 - Procedure to be followed by an applicant for fresh registration - Securities And Exchange Board of India (Portfolio Managers) Regulations, 2020

Procedure to be followed by an applicant for fresh registration. 18. An applicant who is a body corporate who intends to act as an eligible fund manager may be granted registration under regulation 10 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 paragraph (2) of Schedule VI.