Change in control of the asset management company involving scheme of arrangement under Companies Act, 2013

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..... dia ("AMFI") Sir / Madam, Subject: Change in control of the asset management company involving scheme of arrangement under Companies Act, 2013 1. Regulation 22(e) of SEBI (Mutual Fund) Regulations 1996 ("MF Regulations"), inter-alia, requires that no change in the control of the asset management company ("AMC") shall be made unless prior approval of the trustees and SEBI is obtained. SEBI Circu .....

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..... al shall be three months from the date of issuance, within which the relevant application shall be made to NCLT; iv. Within 15 days from the date of order of NCLT, applicant shall submit the following documents to SEBI for final approval: a. Application for the final approval; b. Copy of the NCLT Order approving the scheme; c. Copy of the approved scheme; d. Statement explaining modifica .....

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