Right of inspection: Board-appointed officers may inspect vault manager records to ensure compliance and protect investors. The Board may appoint one or more inspecting officers to undertake inspection of the books of accounts, records, documents and deposits of gold of the ... Summary
Referred In :
Securities and Exchange Board of India (Vault Managers) Regulations, 2021
Right of inspection: Board-appointed officers may inspect vault manager records to ensure compliance and protect investors.
The Board may appoint one or more inspecting officers to undertake inspection of the books of accounts, records, documents and deposits of gold of the Vault Manager to ensure that records are maintained as specified in these regulations, to examine complaints relating to Vault Manager activities, to ascertain compliance with the Act, these regulations and related circulars and guidelines, and to inspect the affairs of the Vault Manager in the interest of the securities market or investors.
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