Supreme Court Urged Railways to Drop the Term Second-Class Passengers  ||  Supreme Court: Employers Cannot Deny Compassionate Appointments Through Delays  ||  Supreme Court Explains How Testimony of a Dead Witness Can be Used Against an Absconding Accused  ||  SC Recommended Amending IBC to Ensure Fair Repayment Protection for MSME Operational Creditors  ||  Supreme Court: High Courts Cannot Reappreciate Evidence in Certiorari Jurisdiction  ||  SC: Railways are Not Liable Unless Owner-Risk Goods Were Counted or Weighed  ||  SC: Courts and Prosecutors Must Expedite Trials For Jailed Accused  ||  Supreme Court Clarifies that Swear Words and Vulgar Expletives Alone do Not Constitute Obscenity  ||  Supreme Court: Nominated Town Panchayat Members Have No Voting Rights in Council Polls  ||  Delhi High Court Declines Interim Relief to Sonam Wangchuk, Upholds His Hospitalization    

Registration of Alliance Capital Mutual Fund Cancelled- (Securities and Exchange Board of India) (29 Sep 2016)

MANU/SPRL/0138/2016

Capital Market

At the request of Alliance Capital Mutual Fund, Securities and Exchange Board of India (SEBI), vide its letter dated September 29,2016, has cancelled the certificate of registration of Alliance Capital Mutual Fund and has withdrawn the approval granted to Alliance Capital Asset Management (India) Private Limited, to act as the Asset Management Company to the Mutual Fund.

Consequently, with immediate effect, Alliance Capital Mutual Fund, ACAM Trust Company Private Limited and Alliance Capital Asset Management (India) Private Limited cannot carry out any activity as a Mutual Fund, Trustee Company or Asset Management Company respectively.

Tags : CERTIFICATE   REGISTRATION   CANCELLATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved