Securities And Exchange Board Of India - Subsection
Section 32(2)(d) in Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
(d)ensure that [the securities] [Substituted 'equity shares' by Notification No. SEBI/LAD-NRO/GN/2018/08, dated 27.4.2018 (w.e.f. 7.1.2014).] held by foreign portfolio investors are free from all encumbrances;