Opening of Demat Accounts by Clearing Corporations of Stock Exchanges and Clearing Members

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....NS, 2004<br>FEMA<br>Regulation 27 of the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004 - (Repealed)<br>^1[Opening of Demat Accounts by Clearing Corporations....

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....eign securities, offered as collateral by FIIs; (ii) remit the proceeds arising from corporate action, if any, on such foreign sovereign securities; and (iii) liquidate such foreign ....