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of <h1>SEBI Regulation 62: Immediate Inspections Possible Without Notice if Investor Interests at Risk Under Mutual Funds Regulations 1996.</h1> Regulation 62 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, mandates that the Board must provide at least ten days' notice to a mutual fund, asset management company, or trustees before initiating an inspection or investigation. However, if the Board believes that investor interests necessitate immediate action, it can order an inspection or investigation without prior notice. During such proceedings, the entities under inspection or investigation are obligated to fulfill their duties as specified in regulation 63.
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