law: Securities Contracts (Regulation) Act, 1956
  6.Power of Central
  
  Government to call for periodical returns or direct inquires to be made.-
  (1) Every recognised
  
  stock exchange shall furnish to the Central Government such periodical returns
  
  relating to its affairs as may be prescribed.
  (2) Every recognised
  
  stock exchange and every member thereof shall maintain and preserve for such
  
  periods not exceeding five years such books of account, and other documents as
  
  the Central Government, after consultation with the stock exchange concerned, may
  
  prescribe in the interest of the trade or in the public interest, and such
  
  books of account, and other documents shall be subject to inspection at all
  
  reasonable times by the Central Government.
  (3) Without prejudice
  
  to the provisions contained in sub-section (1) and (2), the Central Government,
  
  if it is satisfied that it is in the interest of the trade or in the public
  
  interest so to do, may order in writing,-
  (a)
  
  call upon a recognised stock exchange or any member thereof to furnish in
  
  writing such information or explanation relating to the affairs of the stock
  
  exchange or of the member in relation to the stock exchange as the Central
  
  Government may require; or
  (b)
  
  appoint one or more persons to make an inquiry in the prescribed manner in
  
  relation to the affairs of the governing body of a stock exchange or the
  
  affairs of any of the members of the stock exchange in relation to the stock
  
  exchange and submit a report of the result if such inquiry to the Central
  
  Government within such time as may be specified in the order or, in the case of
  
  an inquiry in relation to the affairs of any of the members of a stock
  
  exchange, direct the governing body to make the inquiry and submit its report
  
  to the Central Government.
  (4) Where an inquiry
  
  in relation to the affairs of a recognised stock exchange or the affairs of any
  
  of its members in relation to the stock exchange has been undertaken under
  
  sub-section (3),-
  (a)
  
  every director, manager, secretary or other officer of such stock exchange;
  (b)
  
  every member of such stock exchange;
  (c)
  
  if the member of the stock exchange is a firm, every partner, manager,
  
  secretary or other officer of the firm; and
  (d)
  
  every other person or body of persons who has had dealing in the course of
  
  business with any of the persons mentioned in clauses (a), (b) and (c), whether
  
  directly or indirectly;
  shall be bound to
  
  produce before the authority making the inquiry all such books of account, and
  
  other documents in his custody or power relating to or having a bearing on the
  
  subject-matter of such inquiry and also to furnish the authorities within such
  
  time as may be specified with any such statement or information relating
  
  thereto as may be required of him.