Board's inspection power ensures underwriter records are examined to secure compliance and address investor complaints. Board may appoint one or more inspecting authorities to examine an underwriter's books of account, records and documents to ensure required maintenance of books, compliance with the Act, rules and regulations, to investigate complaints from investors or other persons about the underwriter's activities, and to conduct suo motu investigations 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's inspection power ensures underwriter records are examined to secure compliance and address investor complaints.
Board may appoint one or more inspecting authorities to examine an underwriter's books of account, records and documents to ensure required maintenance of books, compliance with the Act, rules and regulations, to investigate complaints from investors or other persons about the underwriter's activities, and to conduct suo motu investigations in the interest of securities business or investor protection.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
