This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations.
The consent order shall be published through a press release and put on SEBI’s website. In cases where a Party undertakes compliances as per agreed schedule, the concerned department in SEBI shall monitor the same.