Amendment status not verified — confirm the current text below against the official source.
Inspection of books by financing bank.--(1) A financing bank may cause an inspection to be made of the rooks of any registered society which is affiliated to it and mav direct such society to furnish such information, statements and returns as may be required. (2) An inspection under sub-section (1) may be made by any of the officers of the financing bank or by any member of its paid staff approved by the Registrar by general er special order. (3) The financing bank shall communicate the rc,sult of such inspection to the Registrar and to the society concerned. 38, Power to call for documents and to issue summons.-- The Registrar or any person authorised to audit the accounts of a society under section 33 or to mak3 an inspection or to held an inquiry under sections 34, 35, 36, or 37. (a) shall,at a!! reasonable time have free access to the books: accounts, documents, securities, cash and other properties belonging to, or in the custody of the society and may summon any person in possession of or respons:ble for the custody of any such books, accounts, documents, securities, cash or other properties, to produce the same at the office of the society or at any branch thereof or except in the case of a financing bank, at any place at its headquarters;]' [**] (b) may summon any person who, has reason to believe has knowledge of any of the affairs of the society to appear before him at the office of the society or, at any branch thereof or except in tits case of a financing bark, et any place at its headquarters, and may examine such person on oath; [and] 2[(c) may seize in presence of two persons the bocks, account, document; securities, cash and other properties belonging to or in the custody of the society, if he apprehends any fraud,or damage or mutilation of any of the articles above referred to, and the officer so doing shall grant proper receipt therefor and, ner he is an officer other than the