Foreign portfolio investor registration required before dealing in securities, with transitional permissions for existing FIIs and QFIs. No person may deal in securities as a foreign portfolio investor without a certificate issued by the designated depository participant; existing FIIs/sub-accounts and qualified foreign investors are permitted temporary continuation subject to specified conversion fees and time-limited transitional periods. Applications for the FPI certificate must be submitted in Form A to the designated depository participant with the prescribed fee.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign portfolio investor registration required before dealing in securities, with transitional permissions for existing FIIs and QFIs.
No person may deal in securities as a foreign portfolio investor without a certificate issued by the designated depository participant; existing FIIs/sub-accounts and qualified foreign investors are permitted temporary continuation subject to specified conversion fees and time-limited transitional periods. Applications for the FPI certificate must be submitted in Form A to the designated depository participant with the prescribed fee.
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