TMI BlogInspection of books of account, etc., of companies.X X X X Extracts X X X X X X X X Extracts X X X X ..... t as may be authorised by the Central Government in this behalf; (iii) by such officers of the Securities and Exchange Board of India as may be authorised by it: Provided that such inspection may be made without giving any previous notice to the company or any officer thereof: Provided further that the inspection by the Securities and Exchange Board of India shall be made in respect of matters ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction may, during the course of inspection, (i) make or cause to be made copies of books of account and other books and papers, or (ii) place or cause to be placed any marks of identification thereon in token of the inspection having been made. (5) Notwithstanding anything contained in any other law for the time being in force or any contract to the contrary, any person making an inspection u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by its officers]. (7) Any officer authorised to make an inspection under this section shall have all the powers that a Registrar has under this Act in relation to the making of inquiries. (8) If default is made in complying with the provisions of this section, every officer of the company who is in default shall be punishable with fine which shall not be less than [4][fifty thousand rupees], an ..... X X X X Extracts X X X X X X X X Extracts X X X X
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