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    <description>Regulation 27 empowers the Board to appoint persons to inspect books, records and documents of issuers, merchant bankers or intermediaries involved in public issue, disclosure or listing of debt securities, suo motu or on information received. Inspections may verify compliance with applicable enactments and rules, conformity with these regulations and listing and disclosure obligations, investigate investor complaints and issuer affairs for investor protection and market integrity, and determine compliance with Board directions, following the procedure prescribed by the Board for inspection of intermediaries.</description>
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