Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 Chapter VI PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONS
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Board inspection powers enable targeted reviews of issuers and intermediaries to verify compliance and protect investors. Regulation 27 empowers the Board to appoint persons to inspect books, records and documents of issuers, merchant bankers or intermediaries involved in public issue, disclosure or listing of debt securities, suo motu or on information received. Inspections may verify compliance with applicable enactments and rules, conformity with these regulations and listing and disclosure obligations, investigate investor complaints and issuer affairs for investor protection and market integrity, and determine compliance with Board directions, following the procedure prescribed by the Board for inspection of intermediaries.
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 enable targeted reviews of issuers and intermediaries to verify compliance and protect investors.
Regulation 27 empowers the Board to appoint persons to inspect books, records and documents of issuers, merchant bankers or intermediaries involved in public issue, disclosure or listing of debt securities, suo motu or on information received. Inspections may verify compliance with applicable enactments and rules, conformity with these regulations and listing and disclosure obligations, investigate investor complaints and issuer affairs for investor protection and market integrity, and determine compliance with Board directions, following the procedure prescribed by the Board for inspection of intermediaries.
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