Maintenance of separate fund accounts required; annual audit and investment parity with Board funds ensures transparency. Requirement for maintenance of separate, detailed accounts and records for the Fund showing all receipts and expenditures in accordance with applicable SEBI rules; accounts must be prepared and audited within the prescribed annual timeline; the Fund's investments and audits are to follow the same manner as other funds and accounts of the Board.
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.
Maintenance of separate fund accounts required; annual audit and investment parity with Board funds ensures transparency.
Requirement for maintenance of separate, detailed accounts and records for the Fund showing all receipts and expenditures in accordance with applicable SEBI rules; accounts must be prepared and audited within the prescribed annual timeline; the Fund's investments and audits are to follow the same manner as other funds and accounts of the Board.
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