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        SEBI

        Regulation 24 - Appointment of auditor.

        Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
        Chapter V
        PROCEDURE FOR INSPECTION

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        Appointment of auditor authorizes independent inspection with same inspection powers and stockbroker obligations during investigations. Appointment of a qualified auditor empowers the Board to investigate the books and affairs of a stock-broker; the auditor exercises the same inspection powers as the inspecting authority and the stock-broker's obligations applicable to inspections govern the investigation.
                        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.

                              Appointment of auditor authorizes independent inspection with same inspection powers and stockbroker obligations during investigations.

                              Appointment of a qualified auditor empowers the Board to investigate the books and affairs of a stock-broker; the auditor exercises the same inspection powers as the inspecting authority and the stock-broker's obligations applicable to inspections govern the investigation.


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