TMI BlogFunctional Divisions of the AuthorityX X X X Extracts X X X X X X X X Extracts X X X X ..... -Rules - Schedule II Functional Divisions of the Authority (1) Administration: (i) Establishing, equipping. maintaining and operating administrative functions as may be necessary or deemed expedient for fulfilling the objects of the Fund. (ii) Authority and committees of Authority, related matters. (2) Investment/ funds Management: (i) Maintaining funds standing to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wrong actions of any person in accordance with the order of Tribunal or order of the Authority, as the case may be. The amount to be distributed shall be limited to amount disgorged in respect of any particular order and no other funds can be used for distribution. (4) Legal and Enforcement: (i) Initiation of legal cases against non-compliant companies or persons. (ii) Handling disputes ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (iii) Monitoring of the utilisation of the grants to ensure the achievements of the objectives of the sanctioning of the grants. (iv) Cooperating and collaborating with institutions engaged in Investor education corporate governance, awareness, and protection activities. (v) Conducting on its own or in collaboration with entities engaged in Investor education and protection or academic inst ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of inflow and outflows of funds. (ii) Reconciliation of accounts of investors. (iii) Preparation of all accounting reports. audit work and annual report. (iv) Returns to Central Government. (v) Preparation of budget of authority and its monitoring. (vi) Accounting for all claims of investor in respective accounts. (vii) Procedure For accounting of investors' funds and securi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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