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        SEBI

        Regulation 28 - Appraising Agency

        Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
        Chapter V
        COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY

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        Appraising agency liability for misleading or false statements in appraisal reports; consented reports included in offer documents carry legal accountability. Appraising agency liability arises where an appraisal report forms part of an offer document and the agency has provided written consent for its inclusion; the agency is responsible for any statement in that appraisal report that is misleading, incorrect or false.
                          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.

                                Appraising agency liability for misleading or false statements in appraisal reports; consented reports included in offer documents carry legal accountability.

                                Appraising agency liability arises where an appraisal report forms part of an offer document and the agency has provided written consent for its inclusion; the agency is responsible for any statement in that appraisal report that is misleading, incorrect or false.


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