Inspection powers require recognised exchanges and associates to submit to Board audits and cooperate with inquiries. The Board may undertake inspections, inquiries and audits of any recognised stock exchange, recognised clearing corporation, their associates, shareholders and agents; where such inspection is undertaken, the exchange, clearing corporation, shareholder, associate and every manager, director, managing director, chairperson, officer and other employee of those entities must cooperate with the Board.
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.
Inspection powers require recognised exchanges and associates to submit to Board audits and cooperate with inquiries.
The Board may undertake inspections, inquiries and audits of any recognised stock exchange, recognised clearing corporation, their associates, shareholders and agents; where such inspection is undertaken, the exchange, clearing corporation, shareholder, associate and every manager, director, managing director, chairperson, officer and other employee of those entities must cooperate with the Board.
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