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Sebi seeks greater powers to inspect books, financial records of listed firms

Updated : March 24, 2019 03:45 PM IST

Sebi has proposed a heavy penalty for altering, destroying, mutilating, concealing or falsifying records and documents or other tangible objects with an intent to obstruct, impede or influence a legal investigation.
At present, Sebi is empowered to conduct such inspections in case of violations relating to insider trading and fraudulent or unfair trade practices.
Sebi seeks greater powers to inspect books, financial records of listed firms

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