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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →


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<h1>SEBI Can Appoint Inspectors Under Regulation 29 to Review Merchant Bankers' Records to Ensure Compliance and Protect Investors.</h1> The Securities and Exchange Board of India (SEBI) has the authority under Regulation 29 of the Merchant Bankers Regulations, 1992, to appoint inspectors to review the books, records, and documents of merchant bankers. This inspection can be conducted to ensure proper maintenance of accounts, compliance with relevant laws and regulations, investigate complaints from investors or other parties, and conduct investigations on its own initiative to protect the interests of the securities business or investors.