Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Auditor appointment and fees: Board may appoint auditors with inspecting-officer powers and apply investigation obligations to funds. The Board may appoint an auditor to inspect or investigate the books and affairs of a mutual fund, trustees, or asset management company; the auditor has the same powers as an inspecting officer under regulation 74 and investigations are subject to the obligations on the mutual fund, asset management company, trustee, and their employees under regulation 76.
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.
Auditor appointment and fees: Board may appoint auditors with inspecting-officer powers and apply investigation obligations to funds.
The Board may appoint an auditor to inspect or investigate the books and affairs of a mutual fund, trustees, or asset management company; the auditor has the same powers as an inspecting officer under regulation 74 and investigations are subject to the obligations on the mutual fund, asset management company, trustee, and their employees under regulation 76.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.