Appointment of auditor: Board may appoint a qualified auditor with inspection powers and enforce cooperation obligations. The Board may appoint a qualified auditor to investigate the books of account and affairs of a portfolio manager; the auditor shall have the same ... Summary
Appointment of auditor: Board may appoint a qualified auditor with inspection powers and enforce cooperation obligations.
The Board may appoint a qualified auditor to investigate the books of account and affairs of a portfolio manager; the auditor shall have the same inspection powers as the inspecting authority and the portfolio manager and employees must comply with obligations to cooperate and produce records, with "qualified auditor" defined as under the Companies Act, 2013.
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