https://www.taxtmi.com/circulars?id=64834 A one-time off-market transfer is authorised for an FPI or its wholly owned special purpose vehicle to relocate holdings to a resultant fund, subject to DDP approval after appropriate due diligence. A relocation request is deemed an application for surrender of FPI registration, and the transfer is permitted without prejudice to tax laws and FEMA. DDPs and custodians must notify clients; the circular modifies an earlier SEBI instruction accordingly. en-us Tue, 01 Jun 2021 00:00:00 +0530 Tue, 01 Jun 2021 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64834 A one-time off-market transfer is authorised for an FPI or its wholly owned special purpose vehicle to relocate holdings to a resultant fund, subject to DDP approval after appropriate due diligence. A relocation request is deemed an application for surrender of FPI registration, and the transfer is permitted without prejudice to tax laws and FEMA. DDPs and custodians must notify clients; the circular modifies an earlier SEBI instruction accordingly. Circulars SEBI Tue, 01 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64834