Regulatory inspection powers: authority may require returns, documents and order inquiries of recognised stock exchanges. Every recognised stock exchange must furnish prescribed periodical returns and both the exchange and its members must maintain books and documents for prescribed periods, subject to inspection by the regulator. The regulator may require written information or explanations, appoint or direct inquiries into the affairs of an exchange or its members and require reports. Persons including directors, officers, members, partners and others who have had relevant dealings are bound to produce books and documents and furnish statements or information as required within specified times.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory inspection powers: authority may require returns, documents and order inquiries of recognised stock exchanges.
Every recognised stock exchange must furnish prescribed periodical returns and both the exchange and its members must maintain books and documents for prescribed periods, subject to inspection by the regulator. The regulator may require written information or explanations, appoint or direct inquiries into the affairs of an exchange or its members and require reports. Persons including directors, officers, members, partners and others who have had relevant dealings are bound to produce books and documents and furnish statements or information as required within specified times.
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