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        SEBI

        Regulation 22 - Report on steps taken on Auditor's report

        Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
        Chapter III
        GENERAL OBLIGATIONS AND RESPONSIBILITIES

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        Auditor report compliance requires portfolio managers to rectify reported deficiencies within the prescribed timeframe. Regulation 22 requires every portfolio manager to take steps to rectify deficiencies identified in the auditor's report, and to do so within two months from the date of the auditor's report.
                          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.

                                Auditor report compliance requires portfolio managers to rectify reported deficiencies within the prescribed timeframe.

                                Regulation 22 requires every portfolio manager to take steps to rectify deficiencies identified in the auditor's report, and to do so within two months from the date of the auditor's report.


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