Regulation 21 - Regulation - TRUSTEES AND THEIR OBLIGATIONS - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 - Regulation 21 - Rights and obligations of the trustee 21. (1) The trustee shall have a right:- (a) to obtain from the Collective Investment Management Company such information as is considered necessary by the trustee. (b) to inspect the books of account and other records relating to the 1[collective investment scheme]. (2) The trustee shall ensure that the Collective Investment Management Company has:- (a) the necessary office infrastructure; (b) appointed all key personnel including managers for the 2[collective investment scheme] and submitted their bio-data which shall contain the educational qualifications and past experience in the areas relevant for fulfilling the objectives of the 3[collective investment scheme]s; (c) appointed auditors to audit the accounts of the 4[collective investment scheme] from the list of auditors appr

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