Inspection powers: obligation to produce documents and cooperate with inspecting authority, including examination on oath. Regulation 32 requires officers of an Alternative Investment Fund and associated persons to produce books, accounts and other documents, furnish ... Summary
Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012
Inspection powers: obligation to produce documents and cooperate with inspecting authority, including examination on oath.
Regulation 32 requires officers of an Alternative Investment Fund and associated persons to produce books, accounts and other documents, furnish statements and provide cooperation when inspection is ordered. The Inspecting Authority has the power to examine persons on oath and to obtain authenticated copies of documents, books and accounts from those in custody or control for inspection purposes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.