Government Order No. 2929/2014/ED of the Excise Department, Government of Tamil Nadu dated 11th March, 2014 on investment in securities by a foreign portfolio investor [N17-X4N]
As at 7 September 2026. In force. No commencement recorded.
No. 2929/2014/ED
GOVERNMENT OF TAMIL NADU
Excise Department, Government of Tamil Nadu
Chennai, dated the 11th March, 2014
GOVERNMENT ORDER
Subject: Investment in securities by a foreign portfolio investor by foreign portfolio investors under the Tamil Nadu Protection of Interests of Depositors Act, 1997, regarding.
1. In the circumstances reported by the Chief General Manager, the Government of Tamil Nadu, after careful examination, hereby orders that every foreign portfolio investor carrying on investment in securities by a foreign portfolio investor shall furnish Form G to the Recognised Stock Exchange within twenty-one days.
2. The matter has been examined. Every foreign portfolio investor carrying on investment in securities by a foreign portfolio investor shall make an application in Form G to the Recognised Stock Exchange within twenty-one days, accompanied by a fee of two thousand rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which investment in securities by a foreign portfolio investor is undertaken, and the Recognised Stock Exchange shall dispose of it within twenty-one days of its receipt.
4. Difficulties, if any, in the implementation of this government order may be brought to the notice of the Excise Department, Government of Tamil Nadu.
(Secretary to Government)
Made under
No enabling provision stated.
Acts on (0)
none
Acted on by (0)
none
Not held (0)
none