Inspection report submission: inspecting authority must deliver inspection reports to the Board promptly under merchant banker inspection rules. Regulation 32 requires the inspecting authority to prepare and submit an inspection report to the Board under the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, imposing a reporting obligation to transmit inspection findings to the Board as soon as may be possible.
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Provisions expressly mentioned in the judgment/order text.
Inspection report submission: inspecting authority must deliver inspection reports to the Board promptly under merchant banker inspection rules.
Regulation 32 requires the inspecting authority to prepare and submit an inspection report to the Board under the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, imposing a reporting obligation to transmit inspection findings to the Board as soon as may be possible.
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