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<h1>Securities Board can inspect without notice for investor protection under Regulation 85; obligations detailed in Regulation 86.</h1> Regulation 85 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 mandates that the Board must provide at least ten days' notice before initiating an inspection or investigation under regulation 84. However, if the Board deems it necessary for investor protection, it may order an inspection without prior notice. During such proceedings, the involved depository, participant, beneficial owner, issuer, or agent must fulfill their obligations as specified in regulation 86.