Question : INVESTMENT THROUGH PARTICIPATORY NOTES



(a) whether the Government proposes to introduce some more disclosure clauses for the investment through Participatory Notes for specific identification of investor;

(b) if so, the details thereof; and

(c) if not, the reasons therefor?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)

(a), (b) and (c): There is no such proposal under consideration of the Government for the present because at this point of time, it is felt that the disclosure norms laid down under the SEBI (Foreign Institutional Investors) Regulations, 1995 for FIIs issuing Participatory Notes are adequate.