Examples of CVL in a sentence
Currently there is no impact on the Existing Investors who have done the SEBI KYC (KYC thru 5 KRAs, CVL, NDML, DOTEX, KARVY & CAMS).
KYC Acknowledgement Letter (or Printout of KYC Compliance Status downloaded from CVL website (www.cvlindia.com) using the PAN.
Once the same is done then the KYC status at CVL-KRA will change to ‘Verified by CVL KRA’ after due verification.
An administrator may also subsequently act as liquidator in a CVL.
Those investors who had obtained MF KYC compliance through CVL (KYC registration authority till 31 December 2011) are required to submit necessary supporting(s) and update the missing information to be in compliance with the uniform KYC requirement laid down by SEBI.For investors who have not completed KYC compliance through KRA, any application received without the requisite KYC information will be rejected.