(1) The Registrar may, of his own motion or on the application of I n q u i r ~ b ~ a majority of the members of the committee or of not less than one-third Registrar.
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 co-operative society.
(2) The Registrar or the person authorised by him under sub-section
(1) shall have the following powers, namely:-
(a) he shall at all reasonable times have free access to the books, documents, securities, accounts, 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 the headquarters of the society or any branch thereof;
Cb), he may, notwithstanding any rule or bye-law specifying the peziod ofl notice,for a general meeting of the society, require the officers, 0% the society to call a general meeting a t such time and. place at the headquarters of the society to consider such matters, as may be directed by him; and where the officers of t5e society refuse or hi4 to call such a. meebing he shall have power to call it himself;
(c); h e mag summon, any person who is reasonably be;liev@ bz him txJ have any- knowledge. of the affairs of the society to appeac be£ore- him at . any place. at the headquarters of the society or. any branch thereof and may examine such person on oath.
(3) Any meeting called under clause (b) of sub-section (2) shall have I all the powers of a general meef3ng called under the bye-la-ws of tke society and its proceedings shall be regulated by such bye-laws.
(4) The Registrar shall communicate a brief summary of the report of the inquiry to the society, the credit agency, if any, to which the society is affiliated, and to the persons or authority, if any, at whose instance the inquiry is made.