Home Acts & Rules SEBI Regulation Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000 Chapters List Chapter II REGISTRATION OF FOREIGN VENTURE CAPITAL INVESTORS This
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Regulation 8 - Conditions of certificate - Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000Extract Conditions of certificate 8. The certificate granted to the foreign venture capital 1 [investor] under regulation 7 shall be inter alia, subject to the following conditions, namely:- (a) it shall abide by the provisions of the Act, and these regulations; (b) it shall appoint a domestic custodian for purpose of custody of securities; (c) it shall enter into arrangement with a designated bank for the purpose of operating a special non-resident rupee or foreign currency account. (d) it shall forthwith inform the Board in writing if any information or particulars previously submitted to the Board are found to be false or misleading in any material particular or if there is any change in the information already submitted. ********** 1 Substituted for fund by the SEBI (Foreign Venture Capital Investors) (Amendment) Regulations, 2001, w.e.f. 7-6-2001.
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