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Terms and conditions to be complied with

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..... of the Collective Investment Management Company shall not be a director in any other Collective Investment Management Company unless such person is an independent director referred to in clause (g) of regulation 9 and approval of the board of Collective Investment Management Companies of which such person is an independent director, has been obtained; (b) the Collective Investment Management Co .....

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..... dress the grievances of the investors within 3 [ twenty-one calendar days ] from the date of receipt of the complaint from the aggrieved investor; 2 [(g) the Collective Investment Management Company shall enter into an agreement with a depository for dematerialization of the units of collective investment scheme proposed to be issued; (h) all monies payable towards subscription of units .....

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