Opening of Demat Accounts by Clearing Corporations of Stock Exchanges and Clearing Members

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..... T) REGULATIONS, 2004
Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004
1[27 Opening of Demat Accounts by Clearing Corporations of Stock Exchanges and Clea .....

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..... (ii) remit the proceeds arising from corporate action, if any, on such foreign sovereign securities; and (iii) liquidate such foreign sovereign securities and repatriate the proceeds thereof to Ind .....

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