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SEBI allows listing of mutual fund schemes that are in the process of winding up

May 25, 2020
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SEBI has come up with ‘Listing of Mutual Fund schemes’ that are in the process of winding up. The operational modalities of scheme shall include Mechanism for order placement, execution, payment and settlement, Enabling bulk orders to be placed for trading in units, Issue related to suspension of trading, declaration of date for determining the eligibility of unit holders etc. in respect of payments to be made by the AMC as part of the winding up process
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