Sec 372A
This query is : Resolved
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???
Is Mutual Fund a security for complying the provisions of Sec 372A???
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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