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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Authorized to Appoint Auditors for Inspection Under Foreign Portfolio Investors Regulations 2014, Powers Under Regulation 37</h1> The Securities and Exchange Board of India (SEBI) has the authority to appoint an auditor to inspect or investigate the financial and operational records of applicants or designated depository participants under the Foreign Portfolio Investors Regulations, 2014. The appointed auditors possess the same powers as inspecting officers under regulation 37. Additionally, the applicants, designated depository participants, and their directors, officers, and employees are bound by the same obligations towards the auditors as outlined in regulation 39.
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