Change in control of the asset management company involving scheme of arrangement under Companies Act, 2013

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..... ociation 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 approval of the .....

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..... 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 NCLT Order approving the scheme; c. Copy .....

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..... ard of India Act, 1992 , read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996 , to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market. Yours faithfully, R. Anand Deputy General Manager Investment Management Department Tel: 022 26449237 Email: [email protected] .....

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