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Uti

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15 December 2013 uti kya hai,,,trust ya cpmpany
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
15 December 2013 It is a body corporate incorporated through a special legislation called Unit Trust of India Act, 1963.
.
Pl refer the heading of the Act -

ACT NO. 52 OF 1963 [ 30th December, 1963].

"An Act to provide for the establishment of a Corporation with a view to encouraging saving and investment and participation in the income, profits and gains accruing to the Corporation from the acquisition, holding, management and disposal of securities."
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