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        SEBI

        Regulation 25 - Notice before inspection

        Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
        Chapter IV
        INSPECTION AND DISCIPLINARY PROCEEDINGS

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        Notice before inspection may be waived to protect investors, while portfolio managers must comply with inspection obligations. The Board must give the portfolio manager reasonable notice before an inspection, but may by written order direct inspection without notice when satisfied that investor interest requires it; during any inspection the portfolio manager must discharge obligations provided under regulation 26.
                        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.

                              Notice before inspection may be waived to protect investors, while portfolio managers must comply with inspection obligations.

                              The Board must give the portfolio manager reasonable notice before an inspection, but may by written order direct inspection without notice when satisfied that investor interest requires it; during any inspection the portfolio manager must discharge obligations provided under regulation 26.


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