GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS - Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Application completeness requirement: deficient or misleading FPI applications may be rejected, but applicants get a reasonable chance to cure defects. An application for registration as a foreign portfolio investor that is incomplete or contains material false or misleading information shall be deemed ... Summary
Referred In :
Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
Application completeness requirement: deficient or misleading FPI applications may be rejected, but applicants get a reasonable chance to cure defects.
An application for registration as a foreign portfolio investor that is incomplete or contains material false or misleading information shall be deemed deficient and liable to rejection by the designated depository participant; however, before rejecting such application the applicant must be given a reasonable opportunity to remove the deficiency within the time specified by the designated depository participant.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.