Right of inspection: Board-appointed inspectors may examine portfolio managers' books to ensure compliance and investigate complaints. The Board may appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper maintenance, verify compliance with the Act and regulations, investigate complaints affecting the manager's activities, and conduct suo motu 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.
Right of inspection: Board-appointed inspectors may examine portfolio managers' books to ensure compliance and investigate complaints.
The Board may appoint inspecting authorities to examine a portfolio manager's books, records and documents to ensure proper maintenance, verify compliance with the Act and regulations, investigate complaints affecting the manager's activities, and conduct suo motu inquiries in the interest of securities business or investor protection.
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