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(1) The Board, on being satisfied that it
is necessary in the public interest or in the interest of investors so to do, may, by order in writing,--
(a) call upon any issuer, depository, participant or beneficial owner to furnish in writing such
information relating to the securities held in a depository as it may require; or
(b) authorise any person to make an enquiry or inspection in relation to the affairs of the issuer,
beneficial owner, depository or participant, who shall submit a report of such enquiry or inspection to
it within such period as may be specified in the order.
(2) Every director, manager, partner, secretary, officer or employee of the depository or issuer or the
participant or beneficial owner shall on demand produce before the person making the enquiry or
inspection all information or such records and other documents in his custody having a bearing on the
subject matter of such enquiry or inspection.
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