Payment of fees applicable to Foreign Venture Capital Investor

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....ay registration fees of $2500 or any other amount specified by the Board from time to time, at the time of submission of the Form to the designated depository participant. Renewal Fee (2) Foreign venture capital investor shall pay renewal fees of $100 for every block of five years, to keep the registration in force. (3) The designated depository participants of the respective foreign venture ca....

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.... shall pay the renewal fee as specified above, along with a late fee equal to $5 per day for each day of delay in payment of renewal fee and the late fee shall be subject to maximum of $150. (6) Every designated depository participant shall remit the fees collected from the foreign venture capital investors during the immediate preceding month, to the Board, by 5th working day of every month, alo....

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.... " 4. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/121 dated 07-02-2023 w.e.f. 01-04-2023 before it was read as, "I. The fees specified above shall be payable 2[by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or] by bank draft in favour of "The Securities and Exchange Board of India" payable at Mumbai." 5.....