Certificate of registration

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....], as specified in the First Schedule to an applicant if it is satisfied that the applicant is eligible and fulfils the requirements as specified in these regulations. (2) The designated depository participant shall endeavour to dispose of the application for grant of certificate of registration as soon as possible but not later than thirty days after receipt of application by the designated depo....

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....olio investor, whose certificate of registration is not valid as on the date of commencement of the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2024 and is holding securities or derivatives in India, shall be allowed to sell such securities or wind up their open position in derivatives in India within three hundred and sixty days from the date of c....

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....e and continues to hold securities or derivatives in India, it shall be allowed to sell such securities or wind up their open position in derivatives in India within three hundred and sixty days from the date of expiry of thirty days as provided above, under such terms and conditions and in such manner as may be specified by the Board, from time to time. 4[Provided further that a SWAGAT-FI shall ....

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....n No. SEBI/LAD-NRO/GN/2022/64 dated 14-01-2022 before it was read as, "National Securities Depositories Limited" 2.  Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/183 dated 31-05-2024 before it was read as, "Provided that a foreign portfolio investor whose registration is not valid and who is holding securities or derivatives in India shall be allowed to sell such securiti....