0051-2017 Pancard Clubs Ltd vs Securities and Exchange Board of India

SAT · Final order

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Full text

“No person shall sponsor or cause to be sponsored or carry on or caused to be carried on any venture capital funds or collective investment schemes including mutual funds, unless he obtains a certificate of registration from the Board in accordance with the regulations: Provided that any person sponsoring or causing to be sponsored, carrying or causing to be carried on any venture capital funds or collective investment schemes operating in the securities market immediately before the commencement of the Securities Laws (Amendment) Act, 1995, for which no certificate of registratio

BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAI

Date of hearing : 08.03.2017 Date of Decision : 12.05.2017

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Source: SecMarx — 0051-2017 Pancard Clubs Ltd vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.