Amendments in Rule 38A - Incorporation

  • 19-06-2021
  • admin
  • Companies Act
  • 480
Some Changes has been done in the Rules 38A of Company Incorporation. To Know the Differences between Previous Rules and Amended Rules, we can see the Below Link. https://resource.cdn.icai.org/65068clcgc52340.pdf
Sub: Enhancement of Overseas Investment limits for Mutual Funds 1. The Para 1 of SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/225 dated November 05, 2020  specified the overseas investment limits per Mutual Fund 2. In this regard, based on the representations received from Mutual Fund industry to enhance the investment limits per Mutual…