Securities And Exchange Board Of India - Subsection
Section 15(3)(a) in Securities And Exchange Board Of India (Foreign Institutional Investors) Regulations, 1995
(a)[ a foreign institutional investor or sub-account shall transact in the Indian securities market only on the basis of taking and giving delivery of securities purchased or sold: [Substituted by Not. F.No. 1/4C/GM/2007/31/12/2007]