TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI-appointed auditor inspections of stock brokers' books u/regs 27-31 allowed, with costs recoverable after adverse findings.</h1> SEBI may appoint a qualified auditor, in addition to inspection by the inspecting authority, to inspect or investigate a stock broker's books of account or affairs. The appointed auditor is vested with the same powers as the inspecting authority under regulation 27, and the stock broker must comply with the obligations under regulation 29 in relation to such audit inspection or investigation. If the audit inspection or investigation yields adverse findings that lead to action under regulation 31, SEBI may recover from the stock broker the expenses of the inspection or investigation, including the auditor's fees, with the operative effect of shifting the financial burden of enforcement-triggering adverse audit outcomes to the stock broker.
TaxTMI 
TaxTMI 
