NRI trade in F&O - obtaining CP Code

#1
This is a repeat post. I'm to get some eyeballs....

I have been back and forth for the past 2 years with my broker of choice, Zerodha, regarding opening an account for F&O trading. I am an NRI and they insist that one needs to obtain a CP code from the exchange through the clearing member of Zerodha. Has anyone been in this situation before? I would like to hear from other NRI traders.
 
#2
The best way to trade in Derivatives as a NRI is to open an account in the name of a family member who is resident indian. Anyway, while I was NRI in 2009, I never heard "CP Code"!
 

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