Foreign portfolio investor registration requires a designated depository participant certificate before dealing in securities. A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board. An offshore fund floated by an asset management company with a no-objection certificate must obtain registration as a foreign portfolio investor within one hundred and eighty days. The application must be made to a designated depository participant in the prescribed form and manner and supported by specified documents.
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 requires a designated depository participant certificate before dealing in securities.
A person may not buy, sell, or otherwise deal in securities as a foreign portfolio investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board. An offshore fund floated by an asset management company with a no-objection certificate must obtain registration as a foreign portfolio investor within one hundred and eighty days. The application must be made to a designated depository participant in the prescribed form and manner and supported by specified documents.
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