Regulation 29 - Maintenance of proper books of accounts, records and documents
Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 Chapter V GENERAL OBLIGATIONS AND RESPONSIBILITIES OF FOREIGN PORTFOLIO INVESTORS
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Recordkeeping obligations require foreign portfolio investors to maintain accounts, bank statements, contract notes and electronic communications. Foreign portfolio investors must maintain true and fair accounts documenting remittances for buying and selling and realisation of gains or losses, retain bank statements and contract notes for transactions, and preserve communications, including electronic correspondence, with designated depository participants and stock brokers relating to securities investments.
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.
Recordkeeping obligations require foreign portfolio investors to maintain accounts, bank statements, contract notes and electronic communications.
Foreign portfolio investors must maintain true and fair accounts documenting remittances for buying and selling and realisation of gains or losses, retain bank statements and contract notes for transactions, and preserve communications, including electronic correspondence, with designated depository participants and stock brokers relating to securities investments.
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