Section 23: Procedure where approval is not granted

Q: What does Section 23 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) deal with?

Section 23 TSMFR pertains to "Procedure where approval is not granted". It is part of the The SEBI (Mutual Funds) Regulations, 1996, a legislation enacted by the Parliament of India. Section 23 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure where approval is not granted. As verified on 19 May 2026.

Q: Is Section 23 TSMFR still in force?

Yes, Section 23 of the The SEBI (Mutual Funds) Regulations, 1996 is currently in force across the Republic of India.

Q: What is धारा 23 TSMFR?

धारा 23 TSMFR is the Devanagari Hindi reference for Section 23 of the The SEBI (Mutual Funds) Regulations, 1996. Section 23 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure where approval is not granted. As verified on 19 May 2026.

Q: What is Dhara 23 TSMFR?

Dhara 23 TSMFR is the Roman Hindi reference for Section 23 of the The SEBI (Mutual Funds) Regulations, 1996. "Dhara" means "Section" in Hindi. Section 23 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure where approval is not granted. As verified on 19 May 2026.

Q: How to cite Section 23 of The SEBI (Mutual Funds) Regulations, 1996?

Cite as: "Section 23, The SEBI (Mutual Funds) Regulations, 1996 (TSMFR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Mutual Funds) Regulations, 1996, § 23 (India).

Law on Tips Editorial Board

Wednesday, 20 May 2026

Law on Tips(LOTS)

India's Premier Legal News

⌘K

Submit News

Home
The Bar Room
The Gazette
The Library
Legal League
Columns
Interviews

⚖

Loading…

Law on Tips.

India's most authoritative legal news platform. Bringing you the latest judgments, legislative updates, and in-depth legal analysis from the Supreme Court, High Courts, and Tribunals.

Explore

The Bar Room
The Gazette
The Library
Compare Acts
Legal League
Columns

Trust & Standards

About Us
Editorial Policy
Fact-Checking
Corrections
Methodology
Ownership
Masthead
Privacy Policy
Terms of Use
Contact

Get the latest legal news delivered to your inbox daily.

Bar News Acts League

Table of Contents

The SEBI (Mutual Funds) Regulations, 1996

Chapter IVCO — nstitution and Management of Asset Management Company and Custodian

Section 23

Procedure where approval is not granted

- Where an application made under regulation 19 for grant of approval does not satisfy the eligibility criteria laid down in regulation 21, the Board may reject the application.