Regulation 12 - Maintenance of books and records. - Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000

CHAPTER IV GENERAL OBLIGATIONS AND RESPONSIBILITIES Maintenance of books and records. 12. (1) Every Foreign Venture Capital Investor shall maintain for a period of eight years, books of accounts, records and documents which shall give a true and fair picture of the state of affairs of the Foreign Venture Capital Investor. (2) Every Foreign Venture Capital Investor shall intimate to the Board, in writing, the place where the books, records and documents referred to in sub-regulation (1) are being maintained.