Inspection of chit books and records

Inspection of chit books and records :-

1. (1) The Registrar, or any officer authorised by the Director of Chits in this behalf may inspect the chit books and ail records after giving ordinarily seven days notice in writing to the foreman. Every foreman, shall be bound to produce the chit books and records before t h e Registrar or the officer authorised under sub-section
2. (1) at the

time and place mentioned in the notice and shall furnish such information to him as

he may require; Provided that such inspection may be made at the premises of the foreman if he pays in advance such fees as may be prescribed for the inspection: Provided further that if the foreman is a banking company as defined in the Banking Regulation Act, 1949, such inspection be made only at the pre- mises of the company and only on a working day and the foreman shall pay such fees as may be prescribed for the inspection.