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<h1>SEBI Empowered to Inspect and Audit Stock Exchanges and Related Entities; Cooperation Required from All Relevant Parties</h1> The Securities and Exchange Board of India (SEBI) has the authority to inspect, inquire, and audit any recognized stock exchange, clearing corporation, or their associates and shareholders. This power extends to any agents of such shareholders. During these inspections, all relevant parties, including managers, directors, chairpersons, officers, and employees of the entities involved, are required to cooperate with SEBI.