Yes, and assuming the 'verification' process is the reason why it takes 2-3 months to get a licence. There are some cases where it takes more than 3 months. The verification letter issued by the foreign aviation regulatory bodies holds no value at the moment. The DGCA sends numerous emails to the Licensing Depts. of FAA, CASA, CAA to get another verification report. Think of the time period required if they had to get confirmation reports of thousands of CPL holders from different countries, besides verifying the flying hours in some or all cases. I believe this verification process is happening for real.