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SEBI lays down framework on processing of scheme related applications by AMCs

July 26, 2021
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The Market regulator, SEBI has laid down a framework to promote ease of doing business and bring uniformity in the timelines for processing scheme related applications filed by asset management companies (AMCs). Under the framework, the application filed by AMCs for certain matters may be deemed to be taken on record in case no modifications are suggested or no queries are raised by SEBI within 21 working days.'
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