Board inspection powers allow appointment of inspectors to examine debenture trustee records and investigate compliance and complaints. Board's Regulation 19 authorises appointment of one or more inspecting authorities to inspect debenture trustee books, accounts and records to ensure Board-required recordkeeping, compliance with company law and regulatory instruments, to ascertain trustee eligibility for registration or continuance, to investigate complaints about trustee activities, and to conduct suo moto inquiries in the interest of securities business or investor protection.
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.
Board inspection powers allow appointment of inspectors to examine debenture trustee records and investigate compliance and complaints.
Board's Regulation 19 authorises appointment of one or more inspecting authorities to inspect debenture trustee books, accounts and records to ensure Board-required recordkeeping, compliance with company law and regulatory instruments, to ascertain trustee eligibility for registration or continuance, to investigate complaints about trustee activities, and to conduct suo moto inquiries in the interest of securities business or investor protection.
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