Inspection

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....on of the books, accounts, records, documents, infrastructure, procedures and systems of a CMI, for any purpose, including the purposes as specified under sub-regulation (2). (2) The purposes referred to in sub-regulation (1) may include, - (a) to ensure that the books of account, records and documents are being maintained in the manner as required under these regulations; (b)....

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....n inspection under sub-regulation (1), the inspecting authority shall give a notice to the CMI: Provided that where the inspecting authority is satisfied that in the interest of the investors no such notice should be given, it may, for reasons to be recorded in writing, dispense with such notice. (4) Notwithstanding anything contained in sub-regulations (1), (2) and (3), a recognised st....