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        SEBI

        Regulation 20 - Appointment of auditor or valuer

        Securities and Exchange Board of India (Intermediaries) Regulations, 2008
        Chapter IV
        INSPECTION AND DISCIPLINARY PROCEEDINGS

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        Appointment of auditor or valuer: Board may order inspection or valuation and intermediary must bear the expenses. The Board may appoint a qualified auditor to inspect an intermediary's books and affairs, with the auditor exercising the same inspection powers and the intermediary's inspection-related obligations applying; the Board may also appoint or direct appointment of a qualified valuer, and the intermediary must bear the expenses of any such audit or valuation.
                      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.

                            Appointment of auditor or valuer: Board may order inspection or valuation and intermediary must bear the expenses.

                            The Board may appoint a qualified auditor to inspect an intermediary's books and affairs, with the auditor exercising the same inspection powers and the intermediary's inspection-related obligations applying; the Board may also appoint or direct appointment of a qualified valuer, and the intermediary must bear the expenses of any such audit or valuation.


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