Options
-
Asset Management Company is expected to make a continuous effort to remind the investors to claim their dues
Correct answer
- B
The responsibility for ensuring that the dues are claimed lies with the distributor in a dividend plan
- C
The responsibility for ensuring that the dues are claimed lies solely with the investor
Why this is the answer
AMC is expected to make a continuous effort to remind the investors through letters to claim their dues. The Annual Report has to mention the unclaimed amount and the number of such investors for each scheme.
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