Action on inspection reports: regulator may take appropriate enforcement or remedial measures including under intermediary rules. The Board or the Chairman, after considering an inspection or investigation report, may take such action as deemed fit and appropriate, including action under Chapter V of the Intermediaries Regulations; earlier text required communicating findings to the trustee or management, offering an opportunity to be heard, and directing remedial measures or initiating action under the prior penalties chapter.
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.
Action on inspection reports: regulator may take appropriate enforcement or remedial measures including under intermediary rules.
The Board or the Chairman, after considering an inspection or investigation report, may take such action as deemed fit and appropriate, including action under Chapter V of the Intermediaries Regulations; earlier text required communicating findings to the trustee or management, offering an opportunity to be heard, and directing remedial measures or initiating action under the prior penalties chapter.
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