(1) The Registrar may, of his own motion, and shall on the request of the Administrator, or on the application of a majority of the committee or of not less than one-third of the members, hold an inquiry, or direct some person authorised by him by order in writing in this behalf to hold an inquiry into the constitution, working and financial condition of a registered society.
(2) The Registrar or the person authorised by him under subsection (I) shall have the following powers, namely: —
(a) he shall, at all reasonable times), 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 or responsible for the custody of any such books, accounts, documents, securities, cash or other properties to produce the same at any place at the headquarters of the society or any branch thereof;
(b) he may summon any person who, he has reason to believe, has knowledge of any of the affairs of the society to appear before him at any place at the headquarters of the society or any branch thereof and may examine such person on oath;
(c) he may, notwithstanding any rule or by-law prescribing the period of notice for a general meeting of the society, require the officers of the society to call a general meeting at such time and place at the headquarters of the society or any branch thereof and to determine such matters as may be directed by him; and if the officers of the society refuse or fail to call such a meeting, he shall have power to call it himself; and any meeting called under this clause shall have all the powers of a general meeting called under the by-laws of the society and its proceedings shall be regulated by such by-laws.
(3) When an inquiry is made under this section, the Registrar shall communicate the result of the inquiry to the financing bank, If any, to which the society in indebted.
Inquiry by Registrar.
654 T K E GAZETTE OF INDIA EXTRAORDINARY [PART l l Inspection of books by financing bank.