Board inspection powers ensure compliance and investor protection through inspections of issuers and intermediaries under regulations. Regulation 24 authorises the Board to appoint inspectors, suo motu or on information, to examine books and records of issuers, merchant bankers and other intermediaries related to issue, disclosure or listing of non-convertible redeemable preference shares to verify compliance with applicable enactments and these regulations, assess adherence to listing and continuous disclosure obligations, investigate complaints, examine issuer affairs for investor protection and market integrity, and confirm compliance with Board directions, following the Board's prescribed inspection procedure.
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.
Board inspection powers ensure compliance and investor protection through inspections of issuers and intermediaries under regulations.
Regulation 24 authorises the Board to appoint inspectors, suo motu or on information, to examine books and records of issuers, merchant bankers and other intermediaries related to issue, disclosure or listing of non-convertible redeemable preference shares to verify compliance with applicable enactments and these regulations, assess adherence to listing and continuous disclosure obligations, investigate complaints, examine issuer affairs for investor protection and market integrity, and confirm compliance with Board directions, following the Board's prescribed inspection procedure.
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