https://www.taxtmi.com/acts?id=10640 SEBI-approved clearing corporations and their clearing members resident in India may open and maintain demat accounts with foreign depositories and acquire, hold, pledge and transfer foreign sovereign securities offered as collateral by FIIs, remit corporate action proceeds on those securities, and liquidate and repatriate the proceeds to India, subject to SEBI guidelines. en-us Sun, 26 Jul 2009 11:23:48 +0530 Fri, 20 Jun 2025 11:22:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10640 SEBI-approved clearing corporations and their clearing members resident in India may open and maintain demat accounts with foreign depositories and acquire, hold, pledge and transfer foreign sovereign securities offered as collateral by FIIs, remit corporate action proceeds on those securities, and liquidate and repatriate the proceeds to India, subject to SEBI guidelines. Act-Rules FEMA Sun, 26 Jul 2009 11:23:48 +0530 https://www.taxtmi.com/acts?id=10640