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 )
Expense recovery by regulator permitted: inspection and investigation costs may be charged to market participants. Regulation 90 authorises the Board to recover from a depository, participant, beneficial owner, issuer or its agent the expenses, including fees paid to ... Summary
Expense recovery by regulator permitted: inspection and investigation costs may be charged to market participants.
Regulation 90 authorises the Board to recover from a depository, participant, beneficial owner, issuer or its agent the expenses, including fees paid to auditors, incurred in inspecting or investigating their books of account, records, documents, infrastructure, systems and procedures.
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