<h1>Hearing set Oct 9 on petition seeking mandatory public disclosure of beneficial owners and portfolio holdings of funds and FPIs</h1> The Supreme Court scheduled an October 9 hearing on a petition by a parliamentarian seeking mandatory public disclosure of ultimate beneficial owners and portfolio holdings of alternative investment funds and foreign portfolio investors. The court previously directed the petitioner to make a representation to the securities regulator, which was submitted and later replied to; the petitioner intends to challenge that reply and will file a short affidavit. The regulator and Centre say the issues were addressed. The bench noted authorities must consider representations within a reasonable time and that legal remedies remain if they do not.