GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORSSecurities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORSSecurities 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.