Winding up

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..... tual fund 2 [ is to be wound up ] ,- (a) on the happening of any event which, in the opinion of the trustees, requires the scheme to be wound up; or (b) if seventy-five per cent of the unit holders of a scheme pass a resolution that the scheme be wound up; or (c) if the Board so directs in the interest of the unitholders. 3 [ (3) Where a scheme is to be wound up under sub-regulatio .....

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..... pened for business activities from the second business day after publication of results of the voting. ] ********* 1 Words sub-regulation (1) or omitted by the SEBI (Mutual Funds) (Amendment) Regulations, 1998, w.e.f. 12-1-1998. 2. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/70 dated 25-01-2022 before it was read as may be wound up, after repaying the amo .....

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