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        SEBI

        Regulation 30 - Notice before inspection.

        Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
        Chapter IV
        PROCEDURE FOR INSPECTION

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        Notice before inspection may be dispensed in investor-interest cases; merchant banker remains required to fulfil inspection obligations. A merchant banker must ordinarily be given reasonable notice before an inspection; however, the regulator may direct inspection without notice when necessary in the interest of investors, and the merchant banker must discharge its obligations under regulation 31. The provision's pronoun was amended from 'his' to 'its.'
                      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 dispensed in investor-interest cases; merchant banker remains required to fulfil inspection obligations.

                            A merchant banker must ordinarily be given reasonable notice before an inspection; however, the regulator may direct inspection without notice when necessary in the interest of investors, and the merchant banker must discharge its obligations under regulation 31. The provision's pronoun was amended from "his" to "its."


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