In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following additions in the Handbook of Procedures (Vol. I) 2004-2009.
This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
applications, duly time-stamped as above shall be maintained by the mutual funds at least for the minimum period mentioned in regulation 50(2) of the Regulations and shall be open to inspection by the Board or the auditors appointed by the Board.