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The market regulator, SEBI has allowed the FPIs to also write-off all debt securities in their beneficiary account which they are unable to sell for any reason. This shall be applicable only to such FPIs who wish to surrender their registration in their beneficiary account which they are unable to sell for any reason. Earlier, the SEBI permitted FPIs to write off shares of all the companies that they are unable to sell and now FPIs are allowed to sell their debt securities also.The market regulator, SEBI has allowed the FPIs to also write-off all debt securities in their beneficiary account which they are unable to sell for any reason. This shall be applicable only to such FPIs who wish to surrender their registration in their beneficiary account which they are unable to sell for any reason. Earlier, the SEBI permitted FPIs to write off shares of all the companies that they are unable to sell and now FPIs are allowed to sell their debt securities also.taxmann.com Latest Statutory HappeningsRead More