Guidelines pertaining to Surrender of FPI Registration
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....4. The Recognized Stock Exchanges(Exchanges) and Clearing Corporations Dear Sir/ Madam, Sub: Guidelines pertaining to Surrender of FPI Registration 1. In terms of SEBI (Foreign Portfolio Investors) Regulations, 2019, any FPI ('applicant') desirous of surrendering the certificate of registration may request for such surrender to the DDP. 2. Operational Guidelines for FPIs and DDPs issue....
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.... b) DDP shall ensure that: i) all the accounts (including bank account and securities account) held by the applicant in the capacity of FPI are closed; and ii) the CP code is deactivated within 10 working days from the date of receipt of NOC from SEBI. 4. This circular shall come into force with immediate effect. 5. Custodians and DDPs are advised to bring the pro....
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