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Sec 372A

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(Querist)
30 January 2009 As per Securities Contract (Regulations) Act 1956, Definition of Securities covers Mutual Fund..

Is Mutual Fund a security for complying the provisions of Sec 372A???
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
31 January 2009 Yes mutual fund investments are considered as securities and we have to comply with the provisions of section 372 A
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Kruti

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Kruti (Querist)
03 February 2009 thanks sir..
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