Securities And Exchange Board Of India - Subsection
Section 12(2) in Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
(2)Where a portfolio manager fails to pay the fees as provided in Schedule II, the Board may suspend the certificate, whereupon the portfolio manager shall forthwith cease to carry on the activity as a portfolio manager for the period during which the suspension subsists.[CHAPTER II-A] [Inserted by the SEBI (Portfolio Managers) (Amendment) Regulations, 2016, w.e.f. 02-01-2017.] Eligible Fund Managers
