Alerts & Updates 23rd Sep 2020

SEBI allows FPIs to write-off shares of all companies they are unable to sell

Latest Thought Leadership

international trades
Alerts & Updates 22nd May 2026

U.S. OFAC Enforcement – Adani Enterprise Limited

Read More
Newsletter/Booklets 22nd May 2026

Recent Developments in Direct & Indirect Tax

Read More
Alerts & Updates 22nd May 2026

Consent Manager under the DPDP Act: A New Institutional Layer for India’s Data Protection Regime

Read More
Investment Funds
Alerts & Updates 20th May 2026

Pledging of securities of Non-Discretionary Portfolio Management Services clients – Informal Guidance by SEBI

Read More

As you are aware, under the operational guidelines for Foreign Portfolio Investors (FPIs) dated November 5, 2019 (Operational Guidelines are available here), where an FPI was not able to sell through permitted off-market transaction of unlisted, illiquid, suspended, and delisted shares, it was allowed to write-off such securities.

Read more

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.