Timeshare Owners
In its advocacy efforts, STOWA filed a public interest litigation in 2017, seeking to have timeshare companies regulated under the Collective Investment Scheme (CIS) framework by the Securities and Exchange Board of India (SEBI). The association argued that timeshare schemes meet the criteria for CIS and should be regulated accordingly to protect investors from potential malpractices.
The association argued that timeshare schemes meet the criteria for CIS and should be regulated accordingly to protect investors from potential malpractices
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