Chapter VII - RIGHTS 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 auditors, incurred in inspecting or investigating their books of account, records, documents, infrastructure, systems and procedures.
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.
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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