According to Regulation 33(3) of SEBI (Mutual Funds) Regulations 1996, the units of a close ended scheme may be converted to open ended scheme, if the offer document of such scheme discloses the option and the period of such conversion or the unitholders are provided with an option to redeem their units in full.
In exercise of the powers conferred by clause (iii) of Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following amendments in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue) No.64/2001-Central Excise (N.T.), dated the 13th September, 2001
In exercise of the power conferred by Explanation 2 to the proviso to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944), and in supercession of the notifications of the Government of India in the erstwhile Ministry of Finance (Department of Revenue), Nos. 4/86-Central Excises, dated the 20th January, 1986 [G.S.R. 44(E), dated the 20th January, 1986 ], 236/85-Central Excises, dated the 15th November, 1985
directed to forward herewith a copy of the Companies (Second Amendment) Act, 2002 (No.11 of 2003) published in the Gazette of India (Extraordinary) on 14th January, 2003 for your information and necessary action.
In exercise of the powers conferred by sub-rule (3) of rule 19 of the Central Excise Rules, 2002, the Central Board of Excise and Customs hereby makes the following further amendment in the Notification of the Government of India