15 March 2014
DO INVESTMENTS MADE IN BY PUBLIC LTD COMPANY WITH VARIOUS FINANCIAL INSTITUTIONS WILL BE OUTSIDE THE AMBIT OF SEC 372A IF THESE INSTN. FALLS UNDER THE TRUST STRUCTURE. LIKE UNITS OF MUTUAL FUND OF IIFL
15 March 2014
Thank you so much Mr. Chackrapani. but some financial instn claim they r registered under trust structure and hence sec 372A is not applicable for funds invested with them.
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