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        SEBI

        Regulation 63B - Board to recover the expenses

        Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
        Chapter VI
        INSPECTION

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        Recovery of inspection expenses: Board may recoup auditors' and inspection costs from depositories, participants and issuers. The regulation authorises the Board to recover inspection and investigation expenses, including auditors' fees, incurred for inspecting or investigating the books, records, documents, infrastructure, systems and procedures of depositories, participants, beneficial owners, issuers or their agents.
                          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.

                                Recovery of inspection expenses: Board may recoup auditors' and inspection costs from depositories, participants and issuers.

                                The regulation authorises the Board to recover inspection and investigation expenses, including auditors' fees, incurred for inspecting or investigating the books, records, documents, infrastructure, systems and procedures of depositories, participants, beneficial owners, issuers or their agents.


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