Securities And Exchange Board Of India (Issue And Listing Of Securitised Debt Instruments And Security Receipts) Regulations, 2008 Chapter VIII INSPECTION AND DISCIPLINARY PROCEEDINGS
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Appointment of auditors and valuers: Board may order inspections and valuations of special purpose entities; costs may be directed. The Board may appoint a qualified auditor to inspect books and inquire into affairs of a special purpose distinct entity and may appoint or direct appointment of a valuer for proper valuation of asset pools; the auditor has inspection powers equivalent to the inspecting authority, entity obligations apply to investigations, and audit or valuation expenses may be borne by the originator, trustee or other person as specified by 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.
Appointment of auditors and valuers: Board may order inspections and valuations of special purpose entities; costs may be directed.
The Board may appoint a qualified auditor to inspect books and inquire into affairs of a special purpose distinct entity and may appoint or direct appointment of a valuer for proper valuation of asset pools; the auditor has inspection powers equivalent to the inspecting authority, entity obligations apply to investigations, and audit or valuation expenses may be borne by the originator, trustee or other person as specified by the Board.
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