Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Power to appoint auditor confers authority to inspect depository, participant and issuer records with inspecting officer powers. The Board may appoint an auditor to inspect or investigate the books, records, documents, infrastructure, systems, procedures and affairs of a depository, ... Summary
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
Power to appoint auditor confers authority to inspect depository, participant and issuer records with inspecting officer powers.
The Board may appoint an auditor to inspect or investigate the books, records, documents, infrastructure, systems, procedures and affairs of a depository, participant, beneficial owner, issuer or its agent. The appointed auditor has the same powers as the inspecting or investigating officer, and the obligations of the regulated entities and their directors, officers and employees under the Regulations apply to such inspections or investigations.
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