Powers of the Managing Body of an Affiliating Society to enquire into the affairs of a member society

When a registered society takes a loan from an affiliating society and defaults payment of the debt on any instalment thereof, any member of the Managing Body of the Affiliating Society may examine and look into the accounts and workings of such borrowing society and report the result of his inquiry or examination particularly with reference to the said loan to the Affiliating Society and may recommend any suggestion in his report. The borrowing society shall furnish such information and produce such documents, books and accounts as the member of the Managing Body may require.