Regulation 63A - Appointment of Auditor - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996

1 [Appointment of Auditor 63A. The Board shall have the power to appoint an auditor to inspect or investigate, into the books of account, records, documents, infrastructures, systems and procedures or affairs of a depository, a participant, a beneficial owner, an issuer or its agent : Provided that the auditor so appointed shall have the same powers of the inspecting or investigating officer as stated in regulations 59 and 60, and the obligation of the depository, participant, beneficial owner, issuer or its agent and their respective directors, officers and employees, as the case may be, as stated in regulation 61, shall be applicable to the inspection or investigation under this regulation. ] ******** 1 Inserted by the SEBI (Depositories and Participants) (Second Amendment) Regulations, 1999, w.e.f. 7-7-1999.