Working Of Mutual Funds And Legal Safeguards For Investors In India

Description

Mutual funds are an active investment option in India, as in most of the developed and developing countries of the world. The facts, case laws , trends, rules and regulations mentioned authentic sources, with authors comments , wherever required, with good KNOWLEDGE of the subject. Judgements of Court cases have been given in brief as they help in understanding the Judicial question under consideration. The book has focussed on the legal aspects of investment in mutual funds , bringing out the risks and safeguards provisions as existing in India and the Judicial courts in strengthening the faith of the in the mechanism of dispute resolution and safety of their investments in mutual funds.
It is advisable that you read the judgements given in case laws in detail. The purpose of giving the details is that you will see as to how the courts of law actually deal with the complaints of the investors and also as to how they deal with appeals of the defenders or of the complainants as the case may be. The author believes that ultimately these judgements ensure that investors are not taken for a ride by the companies on one hand , and that frivolous complaints do not stand in the way of smooth functioning of mutual funds in India. The judgements of the apex courts have also contributed to evolutions of the relevanat laws and have paved a way for the authorities to come out with more relevant and transparent rules and regulations , taking ito account the interests of both the investors and the mutual funds.