Bombay HC: Clarifies Procedure for Executing Foreign Decrees || Supreme Court: Bureaucratic Delay No Excuse || Supreme Court Grants Full Disability Pension Arrears to Veterans || Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age || Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage || Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct || Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments || Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made || SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail || Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams

Circular on Mutual Funds- (Securities and Exchange Board of India) (25 Feb 2016)

MANU/SMFD/0002/2016

Capital Market

The Securities and Exchange Board of India released a circular on the treatment of unclaimed redemption and divided amounts. Some of the changes include grant of permission for the deployment of unclaimed redemption and dividend amounts in a separate plan of liquid scheme or money market mutual fund schemes floated specifically for the same amounts.

Tags : MUTUAL FUNDS UNCLAIMED REDEMPTION DIVIDEND AMOUNTS

Share :