Regulation 11 - Rejection of application - Securities and Exchange Board of India (Mutual Funds) Regulations, 1996

Rejection of application 11. Where the sponsor does not satisfy the eligibility criteria mentioned in regulation 7 1 [ or regulation 81 ] , the Board may reject the application and inform the applicant of the same. ************** NOTES:- 1. Inserted vide Notification No.SEBI/LAD-NRO/GN/2024/221 dated 16-12-2024 w.e.f. ninetieth day from the date of their publication in the Official Gazette