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        SEBI

        Regulation 18 - Surrender of approval

        Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019
        Chapter III
        APPROVAL OF DESIGNATED DEPOSITORY PARTICIPANT

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        Surrender of approval: designated depository participants may request it, subject to board-imposed protective conditions and must comply. A designated depository participant may request surrender of its approval; the Board may accept that surrender and impose conditions to protect investors, clients or the securities market, and the participant must comply with any such conditions.
                          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.

                                Surrender of approval: designated depository participants may request it, subject to board-imposed protective conditions and must comply.

                                A designated depository participant may request surrender of its approval; the Board may accept that surrender and impose conditions to protect investors, clients or the securities market, and the participant must comply with any such conditions.


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