In the case of these securities, the number of separate accounts for which the securities are held should be counted.4 A company may rely in good faith on the information supplied by the broker-dealer, bank, or nominee.5 If, after reasonable inquiry, the company is unable to obtain ...
- Should be a fit and proper person based on the criteria specified in Schedule II of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008. CATEGORIES OF FPI’S: CATEGORY 1 1. Government and Government related foreign investors such as Foreign Central Banks, Governmental...