Securities And Exchange Board Of India - Subsection
Section 22(1)(c) in Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014
(c)[ such offshore derivative instruments shall not be issued to or transferred to persons who [do not satisfy the conditions specified in regulation 4] [Inserted by Notification No. SEBI/LAD-NRO/GN/2017-18/004, dated 29.5.2017 (w.e.f. 7.1.2014).].]