Securities and Exchange Board of India (Foreign Institutional Investors) (Amendment) Regulations, 2001.

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....the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby makes the following regulations, namely :- I. (1) These regulations may be called the Securities and Exchange Board of India (Foreign Institutional Investors) (Amendment) Regulations, 2001. (2) They shall come into force on the date * of their publication in the Official Gazette. ....

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....s failed to make an application for renewal of registration of sub-account(s), the Foreign Institutional Investor shall at the time of expiry of registration, obtain, a specific permission from the Board, for disinvesting the securities held by it on behalf of sub-account(s) within a stipulated time period, subject to such terms and conditions as may be specified by the Board." (b) In regulation ....

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....) Regulations, 1995 was subsequently amended - (a) on October 9, 1996 by the SEBI (Foreign Institutional Investors) (Amendment) Regulations, 1996 vide S.O. No. 702(E). (b) on November 19, 1996 by the SEBI (Foreign Institutional Investors) (Second Amendment) Regulations, 1996 vide S.O. No. 799(E). (c) on February 12, 1997 by the SEBI (Foreign Institutional Investors) Amendment Regulations, 1997 ....