>  Membership Process
Membership Process
Process:

PLOA
  • PLOA from Co-developer for GIFT address of IFSC unit
Application on SWIT Portal and Provisional Admission of the Exchange
  • Submission of application on SWIT Portal for IFSCA Registration and SEZ LOA
  • Simultaneously making an application with the Exchange for membership and procuring its provisional admission.
In-principle approval
  • The Exchange to forward its recommendation to IFSCA
  • IFSCA to grant In-principle approval, accordingly fund infusion may be done
CoR from IFSCA
  • Completion of the necessary formalities as per In-principle approval
  • Final Approval i.e. Certificate of Registration from IFSCA
Commencement of Business
  • Submission of complete Enablement Documents to the Exchange for Final Admission along with payment of applicable fees and deposits
  • Activation of Membership with Exchange and Commencement of Business
Company Incorporation
  • ROC application for name availability
  • PLOA from Co-developer for GIFT address of IFSC unit
  • Incorporation of Company/ LLP
Application on SWIT Portal and Provisional Admission of the Exchange
  • Submission of application on SWIT Portal for IFSCA Registration and SEZ LOA
  • Simultaneously making an application with the Exchange for membership and procuring its provisional admission.
In-principle approval
  • The Exchange to forward its recommendation to IFSCA
  • IFSCA to grant In-principle approval, accordingly fund infusion may be done
CoR from IFSCA
  • Completion of the necessary formalities as per In-principle approval
  • Final Approval i.e. Certificate of Registration from IFSCA
Commencement of Business
  • Submission of complete Enablement Documents to the Exchange for Final Admission along with payment of applicable fees and deposits
  • Activation of Membership with Exchange and Commencement of Business
s