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of <h1>SEBI Enforces Strict Accounting for Investor Protection Fund, Requires Compliance with 1994 Rules and Timely Audits.</h1> The Securities and Exchange Board of India (SEBI) mandates the maintenance of distinct and accurate accounts for the Investor Protection and Education Fund, detailing all receipts and expenditures. These accounts must comply with the SEBI (Form of Annual Statement of Accounts and Records) Rules, 1994, and be prepared and audited within six months after each financial year ends. The Fund's investments can be managed similarly to other SEBI funds, and its accounts may be audited in the same manner as other SEBI accounts.
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