SUSPENSION, CANCELLATION OR SURRENDER OF CERTIFICATE :

The registration granted by the designated depository participant on behalf of SEBI under these regulations shall be permanent unless suspended or cancelled by SEBI or surrendered by the foreign portfolio investor. Suspension and cancellation of registration granted by SEBI under these regulations shall be dealt with in the manner as provided in Chapter V of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008.

Any foreign portfolio investor desirous of giving up its activity and surrendering the certificate of registration may make a request for such surrender to the designated depository participant who shall accept the surrender of registration after obtaining approval from SEBI to do so. While accepting the surrender of registration, the designated depository participant may impose such conditions as may be specified by SEBI and such person shall comply with such conditions.