Regulation 25B - Board to recover the expenses - Securities and Exchange Board of India (Custodian) Regulations, 1996

1 [Board to recover the expenses. 25B. The Board shall be entitled to recover from the custodian or the applicant, as the case may be, such expenses including fees paid to the auditors as may be incurred by it for the purposes of inspecting the books of account, records and documents of the applicant or the custodian as the case may be.] *************** NOTES:- 1 Inserted by the SEBI (Custodian of Securities) (Amendment) Regulations, 1997, w.e.f. 17-10-1997.