finance business under Clause 1 means undertaking of business with core objective to provide credit facility for securities business. Clause 3 This Notification shall come into force on the date
action or to refrain from any action, in following cases: (1) The actual objective or substance of m anaging the mutual fund constitutes an avoidance of the provisions or the rules. (2) The management of
company shall propose an investment policy appropriate for the clients after an assessment of their investment objective, investment experiences, financial status, financial obligations, investment
additional requirements regarding asset appraisal for widely used. In this regard, the appraisal report shall explicitly specify the objective of the asset appraisal that it is widely used, and shall be
redemption payment in the form of securities or other assets or lieu of cash; (2) The objective of such redemption payment is to enable unitholders to purchase investment units of another fund under
established as a juristic person by law in 1975 prior to the establishment of the SEC. The objective of SET is to operate stock exchange business, having powers to issue various rules and regulations. The