Foreign portfolio investors must maintain valid registration to hold securities or derivatives; fees and wind down windows apply. The designated depository participant shall grant the certificate of registration on behalf of the Board if the applicant meets eligibility and regulatory requirements, dispose of applications within thirty days, remit prescribed fees, and may approach the Board for interpretation or grievances. A foreign portfolio investor must maintain a valid registration while holding securities or derivatives; specified 360 day wind down periods apply where registration is invalid or fees remain unpaid after a thirty day late payment cure, SWAGAT FI faces ten year fee blocks, and failure to comply may lead to securities being deemed written off.
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Provisions expressly mentioned in the judgment/order text.
Foreign portfolio investors must maintain valid registration to hold securities or derivatives; fees and wind down windows apply.
The designated depository participant shall grant the certificate of registration on behalf of the Board if the applicant meets eligibility and regulatory requirements, dispose of applications within thirty days, remit prescribed fees, and may approach the Board for interpretation or grievances. A foreign portfolio investor must maintain a valid registration while holding securities or derivatives; specified 360 day wind down periods apply where registration is invalid or fees remain unpaid after a thirty day late payment cure, SWAGAT FI faces ten year fee blocks, and failure to comply may lead to securities being deemed written off.
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