Financial Daily from THE HINDU group of publications
Thursday, Feb 09, 2006
Financial Daily from THE HINDU group of publications Thursday, Feb 09, 2006 |
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Markets
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Mutual Funds SEBI cancels Dundee MF registration Our Bureau
Mumbai , Feb.8 ON a request made by Dundee Mutual Fund, SEBI has cancelled the certificate of registration of Dundee Mutual Fund and withdrawn the approval granted to Dundee Investment Management and Research Pvt Ltd to act as the Asset Management Company. Consequently, with immediate effect, the Dundee Mutual Fund, the Board of Trustees of Dundee Mutual Fund and the Dundee Investment Management and Research Pvt Ltd cannot carry out any activity as a mutual fund, trustees or AMC as the case may be, in accordance with the regulations, a SEBI press release said here.
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