Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2021

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..... EGULATIONS, 2021 No. SEBI.LAD-NRO/GN/2021/32 .-In exercise of the powers conferred by sub-section (1) of Section 30 read with sub section (1) of Section 11 , clause (ba) of sub-section (2) of Section 11 and sub-sections (1) and (1A) of Section 12 of the Securities and Exchange Board of India Act, 1992 , and under Section 25 of the Depositories Act, 1996 , the Securities and Exchang .....

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..... time: Provided that resident Indian other than individuals, may also be constituents of the applicant, subject to the following conditions, namely i. such resident Indian, other than individuals, is an eligible fund manager of the applicant, as provided under sub-section (4) of section 9A of the Income Tax Act, 1961 (43 of 1961); and ii. the applicant is an eligible investment fun .....

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