Regulation 38 - Regulation - COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 - Regulation 38 - Effect of commencement of winding up proceedings 38. On and from the date of the publication of notice under sub-regulation (3) of regulation 37, the trustee or the Collective Investment Management Company as the case may be, shall cease to carry on any business activities in respect of the 1[collective investment scheme] so wound up. ******* 1 ibid. - Statutory Provisions, Acts, Rules, Regulations, Taxation

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