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of <h1>SEBI Authorized to Inspect Special Purpose Entities for Compliance, Investor Protection, and Market Integrity Under Relevant Laws.</h1> The Securities and Exchange Board of India (SEBI) has the authority to inspect the books, records, and documents of special purpose distinct entities, their schemes, trustees, servicers, or agents. This inspection can be conducted to ensure proper maintenance and valuation of accounts, compliance with relevant laws and regulations, address complaints from investors or market participants, and protect investor interests or market integrity. The Board can also investigate whether securitization or regulated activities comply with legal provisions and whether the Code of Conduct is observed.
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