Section 41: Procedure and manner of winding up

Q: What does Section 41 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) deal with?

Section 41 TSMFR pertains to "Procedure and manner of winding up". It is part of the The SEBI (Mutual Funds) Regulations, 1996, a legislation enacted by the Parliament of India. Section 41 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure and manner of winding up. As verified on 19 May 2026.

Q: Is Section 41 TSMFR still in force?

Yes, Section 41 of the The SEBI (Mutual Funds) Regulations, 1996 is currently in force across the Republic of India.

Q: What is धारा 41 TSMFR?

धारा 41 TSMFR is the Devanagari Hindi reference for Section 41 of the The SEBI (Mutual Funds) Regulations, 1996. Section 41 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure and manner of winding up. As verified on 19 May 2026.

Q: What is Dhara 41 TSMFR?

Dhara 41 TSMFR is the Roman Hindi reference for Section 41 of the The SEBI (Mutual Funds) Regulations, 1996. "Dhara" means "Section" in Hindi. Section 41 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs procedure and manner of winding up. As verified on 19 May 2026.

Q: How to cite Section 41 of The SEBI (Mutual Funds) Regulations, 1996?

Cite as: "Section 41, The SEBI (Mutual Funds) Regulations, 1996 (TSMFR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Mutual Funds) Regulations, 1996, § 41 (India).

Law on Tips Editorial Board

(1)

The trustee shall call a meeting of the unitholders to approve by simple majority of the unitholders present and voting at the meeting resolution for authorising the trustees or any other person to take steps for winding up of the scheme:

Provided that a meeting of the unitholders shall not be necessary if the scheme is wound up at the end of maturity period of the scheme.